In the tumultuous journey of the cryptocurrency market, major players have experienced significant retracement phases, especially in the wake of Bitcoin’s latest all-time high and then a period of correction. Amidst this high volatility, where many cryptocurrencies struggle to maintain their price levels, Zeebu emerges as a beacon of solid bullish momentum. With the crypto…
Cardano is currently following an elaborate Elliott Wave structure, with a market analyst expecting the completion of the fifth wave to culminate in a rally to the $6 level. The market-wide turbulence dealt a blow on Cardano’s price action, triggering a collapse below the $0.62 and $0.60 support levels on April 9. ADA showed resilience…
The realized P/L Ratio dip below one hints at a possible Bitcoin price bottom amidst market volatility and changing investor sentiment. Glassnode data shows that recently the Profit/Loss Ratio for Bitcoin became less than one which means that rather than profits, investors are currently realizing more losses. This measure, which shows the profitability of circulating…
Cryptocurrency analysts offer fresh perspectives on alternative coins and their role as economic tools. With the ongoing bull run, these insights come at a critical time. As the market dynamic shifts, exploring the function of these coins could be crucial for financial strategies. The article ahead delves into the specifics, examining how these assets could…
The crypto market is buzzing with a fresh sense of energy as a new bull run takes hold. Investors are… The post Gear Up For Altcoin Season: Top Picks To Energize Your Portfolio first appeared on The Crypto Basic. #Gear #Altcoin #Season #Top #Picks #Energize #Portfolio
Exciting developments seem to be taking place within the crypto market, with the recent updates from Filecoin (FIL), Uniswap (UNI), and KangaMoon (KANG) making waves. With KangaMoon having raised over $4.6 million within its ongoing last presale stage, aiming for the $6 million milestone by the end of April, to Uniswap’s unprecedented holder’s offload, and…
BarriC and JackTheRippler, two prominent analysts in the XRP community, have put forward compelling cases for XRP surging to an audacious price of $1,000. Despite XRP’s ongoing struggle to surpass the $1 threshold and the looming risk of a price dip below $0.5, market analysts maintain an optimistic outlook regarding its potential. Popular projections indicate…
The XRP locked in XRPL AMM pools has surpassed the 2.1 million mark, triggering speculation that the automated market maker functionality could contribute to an XRP supply shock. The XRP Ledger is evolving into a more resilient ecosystem with the integration of impactful DeFi protocols. Particularly noteworthy is the newly implemented AMM functionality, which has…
Ripple CTO David Schwartz has opposed Elon Musk’s move to charge new users “a small fee” before engaging posts on X (formerly Twitter). X Daily News, an account dedicated to reporting the latest developments about Musk’s social media platform, sparked the conversation by uncovering a freshly updated policy concerning user engagement. Per the disclosure, X…
Dogecoin (DOGE) saw its price jump by over 4% after a recent tweet from Elon Musk referencing a scene from the 1979 film “Monty Python’s Life of Brian” In his post, Musk humorously depicted the mainstream media as characters from the film, struggling to keep a straight face while reporting on Dogecoin’s status among the…