Binance ordered to halt operations in Malaysia by mid-August - cyptoranking.com

2024-05-08

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More and more cryptocurrency market analysts are beginning to embrace a bullish narrative. It seems that both technical indicators, on-chain, and market sentiment, suggest confidence in an emerging cryptocurrency bull market. In the rapidly changing landscape of digital assets, Terra Luna Classic's LUNC has been catching the eyes of many cryptocurrency enthusiasts. While its current price hovers around the $0.00006 mark, its future potential remains a topic of significant debate and intrigue. With cryptocurrency markets known for their unpredictability, is a leap to $3 for LUNC over the next two years a realistic proposition? To answer that, we need to delve into its recent performance, technical indicators, and the overall market sentiment.Terra Luna Price As of October 8, the price of LUNC stands at a modest $0.00006, but what's truly noteworthy is its substantial 24-hour trading volume, which suggests heightened investor interest. Over the last day, LUNC has experienced a slight uptick of 0.10%. According to CoinMarketCap, LUNC's market capitalization is not yet comparable to major players like Bitcoin, but it has shown promising momentum.Terra Luna Price PredictionThe technical outlook on a 4-hour timeframe provides a deeper perspective on LUNC's potential trajectory. Currently, the pivot point is situated at $0.00006022. For traders and investors, key levels to watch include an immediate resistance at $0.00006215, with subsequent resistance points at $0.00006471 and $0.00006695. Should the token experience a downturn, it can expect support at $0.00005800, followed by deeper support levels at $0.00005586 and $0.00005421.Delving into technical indicators, the Relative Strength Index (RSI) for LUNC is at 42. Typically, an RSI below 50 indicates bearish sentiment. Another crucial indicator, the 50-day Exponential Moving Average (EMA), is currently at $0.00006022. The LUNC price's proximity to this EMA suggests a precarious position between a bullish and bearish trend.Terra Luna Price Chart - Soruce: TradingviewOne of the standout patterns observed in LUNC's chart is the symmetrical triangle formation. Such patterns often indicate a period of consolidation before a breakout. Interestingly, LUNC has also shown signs of a potential bearish break below the triple bottom pattern at $0.00005800. A confirmed breakout from the symmetrical triangle in the downward direction could lead to selling pressure, pushing the price towards the $0.00005421 mark.In conclusion, while LUNC is currently navigating a neutral to bearish terrain below $0.00006022, the dynamic world of cryptocurrencies means that anything is possible in the long run.Keep an eye on resistance and support levels. A breakthrough and maintenance above resistance levels could lead to more bullish momentum. Combine technical insights with market research before investing.New Altcoin Surges in Popularity: Here's What You Need to KnowEmerging altcoins might offer traders swifter and higher returns compared to LUNC, even though they remain well-placed. Fresh altcoins hold the promise of notably surpassing market expectations, especially if they haven't experienced their initial surge. This sentiment is especially relevant for tokens in presale, with TG.Casino (TGC) currently launching one of the most captivating new sales. They are introducing a decentralized casino platform integrated with the widespread Telegram messaging app's social reach.In the mere fortnight since its presale began, TG.Casino has accumulated nearly $635,000, signaling budding interest from investors. With a comprehensive assortment of games and betting choices, TG.Casino plans to utilize Telegram to engage with established investor and gamer communities.Having debuted just a few weeks prior, TG.Casino's integration with Telegram is anticipated to spur its userbase expansion rapidly.The TGC token, pivotal for engaging in games on TG.Casino, will not just be symbolic but will carry tangible utility. Its appeal is set to increase due to its staking capabilities.The token's maximum limit is set at 100 million. Out of this, 40 million is reserved for the presale, 20 million for staking incentives, and 10 million for gaming rewards, ensuring its widespread decentralization.To participate in TG.Casino's presale, investors can go to the official website and connect their software wallets. The wholesale price of 1 TGC is $0.125. However, the platform's strong fundamentals could lead to a potential increase in its price once it gets listed on exchanges.Visit TG.Casino NowDisclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.Cardano Price Prediction as ADA Becomes Top 10 Coin in the World – Can ADA Reach $100? Binance ordered to halt operations in Malaysia by mid-AugustAs fan tokens proliferate, an executive at the SportFi network Chiliz said engagement via such assets is on the rise. CBDC and Inclusion

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As for the HOT price action, the bullish altcoin has fallen inside a descending wedge pattern since it reached its all-time high in April 2021. The descending wedge is considered a bullish pattern, meaning it usually leads to breakouts. This shift in sentiment among US investors is a crucial indicator, emphasizing the need for market participants to closely monitor this metric as it could provide valuable insights into the market’s future direction.Bitcoin transactions see sharp decline following Ordinals peak hype Whale Drives Ether-Bitcoin Volatility Spread Lower Ahead of Options ExpiryCanine-themed cryptocurrency Shiba Inu is sustaining a strong transaction volume as the market continues its sell-off. In the upcoming days, Improbable has two virtual events lined up. The first is a Major League Baseball game watch party, and the second is a metaverse get-together for soccer enthusiasts. As per Narula, the fascination surrounding the metaverse has had a negative impact, but they are involved in addressing the troublesome issues.

According to the Litecoin Foundation X account, the year 2022 saw a record number of 39 million transactions. This was surpassed in 2023, with Litecoin recording 51 million transactions with around two months left in the year. “A lot happens in six years,” Mosites said. “We look forward to the next six years and welcome other projects and companies to join us on the path to opening up their missions—by putting power into the hands of builders and the people and groups they serve.”PayPal Refuses to Service Palestinians: Is Bitcoin the Solution? Where is the cheapest place to buy Usdt?What is STORJ and What’s Behind the Recent 120% Price Rally? The Shib

If the RSI reading is above 50 and the trend is upward, bulls have an advantage, but if the reading is below 50, the opposite is true. The United States economy seems like it is refusing to be derailed. It added a staggering 336,000 jobs in September, defying most expectations. This achievement becomes all the more remarkable against the backdrop of soaring yields on longer-term Treasury bonds and surging mortgage rates. Purchase USDT from Coinbase-YouTubeEven the court’s decision regarding Grayscale at the end of August, which mandates the SEC to reevaluate Grayscale’s proposal and is thought to boost the chances of a BTC ETF spot approval, has failed to lead to notable price shifts. “The goal of DENVER WALLS is to rejuvenate our urban environments and elevate Denver’s reputation for artistic expression and community spirit,” explained Ally Grimm in an interview with nft now. Grimm, a Denver artist (aka A.L. Grime) and DENVER WALLS organizer, added, “Working with the COZ team to incorporate a digital element into each mural that supports local businesses and enriches the viewer’s experience was a no-brainer when the opportunity arose.”

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