Author: Crypto Flexs

XRP (XRP) looks set to rise 60% in the coming days after breaking out of its usual symmetrical triangle pattern. The upward outlook coincides with a series of developments in Ripple’s ongoing legal battle with the U.S. Securities and Exchange Commission (SEC).XRP price is targeting $4 in the “next few days.”A symmetrical triangle is considered a bullish continuation pattern when the price moves above the upper trend line with increasing volume. This appears to be the case for XRP, which entered the breakout phase of the triangle pattern on January 11th.The symmetrical triangle breakout target is determined by adding the…

AI Experts Collaborate with FLock Foundation to Advance Distributed Learning – Chainwire housenewsroomAI Experts Collaborate with FLock Foundation to Advance Distributed Learning We use cookies to make Chainwire’s website a better experience. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical…

A widely respected cryptocurrency analyst believes that a rival to Dogecoin (DOGE) and Shiba Inu (SHIB) is primed for a massive rally. The analyst, who goes by the pseudonym Bluntz, told his 307,800 followers on social media platform Based on a widely followed analyst’s chart, he appears to be implying that FLOKI is close to completing an inverted head and shoulders pattern on weekly time frames. In technical analysis, an inverted head and shoulders pattern suggests that the asset may be ready for a bounce after printing a bullish high-low setup with a right shoulder. “FLOKI has been accumulating here…

Cardano’s price is hovering near $1, with long-term holders providing significant support against selling pressure. ADA’s recovery was limited due to declining profit generation and network activity. In recent weeks, Cardano (ADA) has faced significant price volatility and struggled to regain solid ground above the crucial $1 level. Broader market sentiment tilted from neutral to bearish, limiting any significant upside momentum. But even through this turmoil, long-term holders held firm, providing much-needed support and preventing a major decline in prices. ADA’s Price-DAA Difference Highlights Investor Caution Source: Santiment Cardano’s price DAA divergence indicator has been showing consistent sell signals in…

Dogecoin’s latest attempt to regain lost ground has faced a significant obstacle as the price struggles to break above the crucial four-hour simple moving average (SMA). This resistance level has proven to be a strong barrier with bearish pressure consistently preventing a meaningful breakout. Despite early signs of a potential rebound, DOGE’s inability to surpass this key threshold suggests that bullish momentum remains weak, putting the meme coin in a precarious position. The rejection of the 4-hour SMA highlights the growing dominance of sellers in the market and raises doubts about whether buyers can regain control that could push prices…

New Hampshire has joined other states in pursuing Bitcoin treasury reserves through legislation framing the path toward sovereignty. New Hampshire Representative Keith Ammon has submitted a proposal to activate BTC treasury reserves. The Republican politician filed a proposal Friday that would require the state Treasury to invest some public funds in assets and precious metals. Steps Toward Bitcoin Reserves Approval of the proposal would protect the Granite State’s coffers from runaway inflation. Ammon added that adopting Bitcoin holdings would be in line with the cultural values ​​of Hampshire residents. Ammon repeatedly said the New Hampshire spirit rarely gets in…

Cryptocurrency exchange Binance’s altcoin volume dominance has reached 78%, a level that cryptocurrency analysts say points to strong potential for an altcoin bull market in 2025.“With rising retail interest, the altcoin market could continue to build strong momentum over the coming months,” CryptoQuant contributor Burakkesmeci said in a January 11 market report.Analyst says there is ‘confidence’ in altcoin bull market in 2025.Burakkesmeci said that Binance’s trading volume per altcoin pair reached 77.83% in January 2025 and has increased by about 11% over the past five months.“The steady increase in altcoin trading volume on Binance strengthens our confidence in the potential…

This article is also available in Spanish. Ethereum has faced a difficult start to the year, falling 15% from recent local highs and falling to a low of $3,157. The altcoin leader’s decline comes as market volatility and uncertainty rise, with many investors re-evaluating their positions following the recent sell-off. However, despite the economic downturn, on-chain data suggests that underlying investor sentiment remains robust. Related Reading Ethereum has seen significant outflows from exchanges this week, with net outflows exceeding $1.4 billion, the highest level since November, according to data from IntoTheBlock. This activity often signals a strong accumulation trend as…

Key trends and insightsOverview: Bitcoin’s Latest SurgeBitcoin’s performance over the past 24 hours continues to attract attention, rising 3.19% compared to the previous day’s rise of 0.85%. Here’s a quick snapshot of our latest metrics: metric system value current price $94,375 24 hour change +3.19% market capitalization $30,221,455,859 24-hour trading volume $3,022,145,585 Key pricing trends you need to knowPrice changes: Bitcoin rose 3.19% with a support level of $93,300 and a resistance test of $95,799.Trend analysis: An ascending triangle pattern featuring higher lows and horizontal resistance suggests a potential bullish breakout.price analysisTechnical OverviewBitcoin continues to show bullish signals after testing…

January 9, 2025 | industry news We have been selected as one of FTX’s partners to distribute funds to its former clients. Because these payouts are made in US dollars, we want to minimize the cost of reinvesting that money in cryptocurrency for those who decide to trust us. New customers who choose Kraken to receive funds from FTX will receive a fee credit to purchase up to $50,000 in cryptocurrency on Kraken Pro without paying transaction fees. You will receive up to $105 in Kraken Trading Fee Credits (KFEE) proportional to the amount of funds received. This will be…