According to a popular cryptocurrency analyst, Solana (SOL)’s momentum indicator has recently turned bullish. Ali Martinez told her 70,400 followers on social media platform X that the Tom DeMark (TD) sequential indicator, the largest Ethereum (ETH) competitor, has sent a buy signal on the asset’s daily chart. Source: Ali Martinez/X Traders use the TD sequential indicator to predict potential trend reversals in a token based on the closing prices of the previous 13 bars or candles. Martinez said SOL “could bounce from the lower channel boundary to the middle or upper boundary located at $154 and $187 respectively.” SOL is…
Author: Crypto Flexs
Read More
Are you looking for investment opportunities in the rapidly changing world of cryptocurrencies? This discussion explores three unique and influential options: Render, Monero, and Qubetics Whitelist. Each offers a unique approach to blockchain technology and investment potential. Render, which focuses on decentralized digital rendering, is aimed at tech-savvy investors interested in creative blockchain applications. Monero offers unrivaled privacy, appealing to those who prioritize security in their transactions. Meanwhile, the Qubetics (TICS) whitelist provides exclusive early access to groundbreaking blockchain projects, providing significant benefits to investors as the project gains traction. Let’s take a closer look and compare these opportunities to…
Top 5 Stories of the Week Cryptocurrency gets ‘extremely scary’ as Arthur Hayes predicts Bitcoin weekend will be ‘under $50k’ Crypto market sentiment has turned to “extreme fear” after Bitcoin briefly fell below $56,000, with BitMEX co-founder Arthur Hayes predicting that Bitcoin could fall another 12% to below $50,000 over the weekend. The Crypto Fear & Greed Index, which measures market sentiment and trends and assigns a total score of 100 (representing extremely positive sentiment), recorded a score of 22 on September 6, indicating “extreme fear.” This is a 7-point drop from the previous day, when sentiment was pegged at…
Alvin Lang September 8, 2024 01:48 AssemblyAI introduces C# .NET SDK and releases new tutorials for AI applications including Discord voice bot, AI video conferencing app, and fraud call detection. According to AssemblyAI, AssemblyAI has released a new C# .NET SDK to simplify the integration of the latest Speech AI models with .NET languages such as C#. The release is accompanied by a series of new tutorials aimed at improving developers’ ability to create AI-powered applications. Introducing the AssemblyAI C# .NET SDK The newly released AssemblyAI C# .NET SDK provides developers with a streamlined…
Two market analysts predicted that Solana’s price movement would be bearish. AMBCrypto predicts that the SOL price will fall to $120 or lower in the short term. Over the past 40 days, Solana has faced some significant challenges on the charts, with SOL down 17.26%. This downward trajectory could accelerate as additional insights supporting the decline come to light. In particular, SOL is expected to trade higher following this recent decline, so the recent downtrend could be the final catalyst for a major uptrend. SOL Crossroads, Potential Downside Forecast According to Karl RunefeldSOL, a prominent market analyst, is at a…
Top 5 Stories of the Week Cryptocurrency gets ‘extremely scary’ as Arthur Hayes predicts Bitcoin weekend will be ‘under $50k’ Crypto market sentiment has turned to “extreme fear” after Bitcoin briefly fell below $56,000, with BitMEX co-founder Arthur Hayes predicting that Bitcoin could fall another 12% to below $50,000 over the weekend. The Crypto Fear & Greed Index, which measures market sentiment and trends and assigns a total score of 100 (representing extremely positive sentiment), recorded a score of 22 on September 6, indicating “extreme fear.” This is a 7-point drop from the previous day, when sentiment was pegged at…
XRP (XRP) has lagged the overall cryptocurrency market so far in 2024, down more than 15% since the start of the year, while all other assets have gained around 20% over the same period. However, a mix of fractal and technical indicators show that XRP price is likely to see a significant rebound in the coming weeks.XRP’s bullish reversal setup implies 100% profit.XRP’s weekly chart is showing signs of a potential bullish reversal, with an inverse head and shoulders pattern forming. The technical setup features a left shoulder that formed between May and December 2022, a head in June 2023…
Iris Coleman Sep 07, 2024 05:15 The latest update to Telegram enables Star Giveaways for groups and channels and introduces Instant View of articles in Telegram Browser. Telegram has unveiled new features in its latest update that enhance user experience and community engagement. According to Telegram, groups and channels can now use Telegram Stars as prizes. Additionally, any article opened in Telegram Browser can now be converted to Instant View for easier reading. Star Prizes Telegram’s new feature allows channel and group owners to host giveaways to promote their communities and reward members with…
Join us telegram Stay up to date with the latest news coverage by subscribing to our channels. SUI (SUI) has shown strength against market volatility with its recent surge. This positive trend was driven by important network updates, the introduction of Grayscale SUI Trust, and large OTC purchases, which increased investor confidence. As a result, the cryptocurrency has seen a strong surge despite the widespread market difficulties. SUI Key Statistics Current price: $0.864 Market Cap: $2.32 billion Trading volume (24 hours): $377.39 million Circulating supply: 2.68 billion SUI Total supply: 10 billion CoinMarketCap Rank: #31 Over the past 30 days,…
As Bitcoin miners release their August production updates, the results are mixed across the sector. Many companies report strategic efforts to optimize operations amid network issues and high electricity demand, especially in Texas, where many miners operate.As miners prepare for the challenges ahead, many are focusing on efficiency, cost management, and strategic investments while managing the Bitcoin network’s increasing difficulty.Web3 accelerator Outlier Ventures recently said that the four-year cycle has ended, and Bitcoin has experienced its worst price performance since the halving this year. Research director Jasper De Maere said that the last time the halving had a “significantly fundamental…