Crypto.com Coin Price prediction, Short/Long Forecast - cyptoranking.com

2024-05-06

Popular crypto exchanges(2023 Update) 2024-05-06
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Following McCarthy’s absence, crypto-friendly lawmaker Patrick McHenry has been acting as the interim Speaker but is not expected to be a contender for the job. Former U.S. President Donald Trump has given his endorsement to Jordan, who has repeated falsehoods surrounding the results of the 2020 presidential election. Scalise, who has reportedly described himself as akin to white supremacist David Duke “without the baggage” may also receive support from many in the Republican Party. CryptoNight is one of the fastest mining algorithms and part of the CryptoNote consensus protocol. Crypto.com Coin Price prediction, Short/Long ForecastCrypto research firm Kaiko said in a new tweet that ETH's open interest has increased since the start of September. Also, funding rates have remained neutral to negative, indicating a lack of direction on the market. Source: TradingViewThe price of Dogecoin (DOGE) has dropped today as the cryptocurrency market continues to weather poor conditions, with the meme token falling by 2% in the past 24 hours.At $0.060220, DOGE is also down by 6% in a week and by 5% in a month, with the original meme coin having fallen by 14% since the beginning of the year.This fall since January contrasts strongly with many other major tokens (e.g. BTC, ETH, XRP), with DOGE looking like it's suffering a long-term decline.However, the Dogecoin community still hoping that X (formerly Twitter) will eventually introduce cryptocurrency payments, DOGE could witness a big comeback eventually.Dogecoin Price Prediction as Hopes for $1 Linger – Is a Bull Market on the Horizon for DOGE?DOGE's chart looks fairly grim at the moment, and it has looked this way for well over a month now, with its indicators showing no immediate signs of recovery.Source: TradingViewIts relative strength index (purple) has remained below 50 since the middle of August, and has actually been below 40 and close to 30 for much of this time, indicating some serious overselling.Reinforcing this concerning picture is the fact that DOGE's 30-day EMA (yellow) has been comfortably below its 200-day average (blue) for much of the year, something which again suggests it's in the middle of a drawn out process of decline.It also looks bad as far as the coin's support level (green), which has been sliding since the middle of August and could easily continue sliding for the foreseeable future.The problem with DOGE is that, caught in the middle of an ongoing bear market, there is nothing fundamental holding it up and protecting it from ongoing falls.It's hard to remember when Dogecoin saw its last significant piece of news or update, with the coin almost exclusively waiting for Elon Musk to tweet some inane reference to meme token in order to prop it up.As far as the longer term picture goes, its community is hoping that DOGE payments eventually come to X, which is certainly moving in a direction that would suggest it intends to introduce digital payments of some kind.Indeed, recent months have seen X receive money transmitter licenses, meaning that it's nearing the point where it will be able to offer financial and/or payment services.Of course, plans to introduce payments doesn't guarantee that such plans will involve DOGE, even if Musk is undeniably a long-term supporter of the meme token.Because of this uncertainty, it's hard to say whether DOGE will enjoy a major recovery in the not-too distant future.Assuming that DOGE payments do come to X, it could easily return $0.10 if not much higher.But if they don't, the meme token could continue its seemingly inexorable decline, falling through one support level after another in the coming months, unless another bull market arrives.Fundamentally Stronger CoinsTraders tired of coins without fundamentals may prefer to look at some of the newer tokens on the market that do boast actual use cases, with some of these currently holding their presales right now.For example, TG.Casino (TGC) is a decentralized casino platform that will combine online betting with social networking.Having begun the presale for its native TGC token a few weeks ago, TG.Casino has already raised in excess of $500,000, a sign that investors are being won over by its fundamentals and roadmap.As a casino platform, TG.Casino offers a wide variety of online games and gambling experiences, with its platform having already launched and having already begun attracting a growing userbase.But what distinguishes the platform from its rivals is the fact that it also operates on Telegram, which it has begun using in order to tap into the large online communities that already exist on the popular social messaging app.This harnessing of Telegram has given TG.Casino a headstart over many of its competitors, with the platform's success in a raising half a million dollars suggesting that the use of the app is already paying off.Its native token, TGC, will have a hard cap of 100 million, with 40% going to its presale, 20% going to staking rewards and 10% to gaming rewards.Such a distribution is likely to motivate greater involvement from its community, increasing the chances that TG.Casino will have a long and fruitful lifespan.New buyers can join the presale by heading over to the official TG.Casino website, where 1 TGC costs $0.125.TGC will remain at this price for the entire presale, yet once it lists on exchanges in the next few weeks it could easily rise much higher.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.Ethereum Price Prediction as $1,800 Level Comes into Play – What Are the Indicators Showing?

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Despite these claims, Axos began accepting Binance US-related deposits in January 2023. Aptos (APT), and Ape Coin (APE) are all scheduled to undergo large token unlocks in the next week. Best Day Trading Crypto Platforms for 2023As reported by Bitcoin.com News over the past few months, the RBZ has been working on the supporting infrastructure. Initially, the central bank said the tokens, which are now known as ZIG tokens, would be useful in insulating holders against inflation and currency depreciation. Caption: S&P 500 one-day chart for 10-10-2023. Source: MSN Money.

Across the globe, cities in far-flung locations are adapting to cryptos in one way or another. The use of cryptocurrency is transforming the finance industry to a point where people use crypto to pay for daily utilities. ● Token Generation Why Nigeria has the highest percentage of active crypto traders globallyNdinga explained that these scaling solutions are “analogous to how bandwidth pushed the boundaries of what’s possible on the Internet from the era of dial-up where web pages were taking minutes to load on a web browser.” The amount of 30.3 million XRP overall was sent to Bitstamp, per the above-mentioned source. This is the second crypto transfer of that size spotted by Whale Alert this week. On Oct. 8, an anonymous address shifted 29,000,000 XRP.

The lawsuit, filed Sept. 22, comes in the wake of a separate lawsuit filed by Okhandiar earlier this month. Combined, the group have all claimed to either be founders or co-founders of the project. As you can see in the structure of the DOTCOM cycle, the first 3 4-year cycles are very similar, a long bull market followed by a short but sometimes shallow bear market or correction. It's only that the last 4-year cycle is different, the tables are flipped upside down. It starts with an acceleration in the price which doesn’t last that long and is followed by a multi-year long bear market. Could Bitcoin do something similar, disappointing the ones who expect a regular 4-year cycle and surprise the majority with a multi-year-long bear market? Can I buy Bitcoin with my debit card?At press time, 2 noteworthy bearish technical flags were on the verge of being triggered. Lucky Star Currency is a project that focuses on NFTs and claims to be founded by astrologists. Its contracts include an Award Center and NFT Marketplace. It is marketed towards the Chinese crypto investment market. The team promotes the project on X (formerly Twitter) under the username @AstrAstrol75591. It also has a Telegram channel. As of October 9, the project’s website and user interface are offline.

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