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The market's state right now is quite unexpected: multiple assets are trying to break through. However, there is not much bullish volume consolidation out there. Key SHIB supportThe much-discussed moon for Shiba Inu is not about prices soaring, rather, it is a significant historical ground support l…
The price performance of Ethereum, Shiba Inu and Bitcoin is somewhat similar as all those assets are trying to recover and reach price levels that will make them stand out. Unfortunately, those recoveries are almost completely baseless and unlikely to yield strong movements toward local highs.Shiba …
XRP has recovered modestly from the $2.70 level, where selling pressure temporarily subsided, but now finds itself at a crucial crossroads. Debate has centered on whether the bounce is the start of a recovery attempt, or just a dead cat bounce in the middle of a larger downtrend.XRP wants $3As can b…
On-chain data indicates that balances of Shiba Inu have approached 998 million USD, representing a new low in terms of SHIB’s exchange reserves and a continuing downward trend. According to this ongoing decline, tokens are gradually moving away from centralized exchanges, which is a pattern that tra…
Dogecoin’s price action is working on a rebound after hitting $0.222 in the past 24 hours. Zooming out into a larger timeframe shows the price structure on the weekly timeframe is pointing to an explosive breakout is in the making. Technical analysis shows that the meme coin, which has already shown…
Dogecoin is close to forming a golden cross, as indicated by its technical chart. The king of meme coins on its three-hour chart shows that a golden cross could form anytime now as the asset rebounded from a low of $0.2223 in the last 24 hours.Trading volume lags despite Dogecoin price recoveryAs p…
Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead.Grab a coffee as Bitcoin traders look back at the final expiry of September and look ahead to what many call Uptober, a month often marked by rallies in past years. I…
The market is expiriencing somewhat of a storm as Shiba Inu, Ethereum and Bitcoin are losing multiple key support levels, and there is a good possibility of an aggravation here as no fresh inflows are present and most of the volume on the market is on the selling side. Shiba Inu loses key supportThe…
TL;DRXRP Maintains Historical Pattern Around 21 EMARecent technical analysis suggests XRP may be preparing for a strong move. EGRAG CRYPTO has pointed to the 21-week Exponential Moving Average (EMA) as a level that has played a key role in past XRP cycles.In 2017, the token tested the 21 EMA twice b…
Shiba Inu is encountering a pretty problematic market period. The downside risk might be greater than most people realize, given a recent significant hack on its Shibarium network and concerning on-chain metrics.Fallout and hackSHIB’s Layer-2 scaling solution, Shibarium, was compromised earlier this…
When it comes to tokenomics, XRP has always functioned differently from Ethereum or Shiba Inu. While SHIB actively destroys supply through coordinated burns and ETH introduced a fee-burning mechanism through EIP-1559, XRP's burn is exclusively connected to transaction fees on the Ripple network. XRP…
Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead.Grab a coffee because the year’s final stretch is shaping up to be pivotal for Bitcoin . With the Federal Reserve (Fed) beginning what looks like its rate-cutting cycl…