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DOGE Price: Dogecoin Whales Move 635 Mln Tokens On Binance & Robinhood, What’s Next For DOGE Price? – CoinGape

Dogecoin (DOGE), the largest meme coin by market cap, has witnessed its price plummet by over 10% in todays trading session. The dog-faced crypto registered massive declines in the past week. While the DOGE price dip is escalating, whales have moved over 600 million tokens via popular crypto exchanges, such as Binance and Robinhood, which could propel the price to plunge harder.

The DOGE whales transferred over 635 million tokens (worth over $52 million) through massive transactions on Binance and Robinhood. According to a post by Whale Alert on X, the latest transaction was conducted via Binance, which recorded a shift of 300 million DOGE from an unknown wallet to the exchange. The transaction was worth $24.62 million.

In addition, another significant transaction was recorded about eight hours before the latest one. A whale moved 151.68 million DOGE tokens worth $12.49 million to an undisclosed wallet from Robinhood. Whilst, about four hours ahead of this transfer, two major Dogecoin transactions were recorded.

Both of these transactions were directed towards Robinhood via an unidentified wallet. The transfers witnessed a shift of 102.27 million and 82.08 million DOGE worth $8.40 million and $6.74 million, respectively.

Also Read: Dogecoin Price Prediction Hints Last Pullback Before Hitting $0.12

Most of the above-mentioned transactions have been made toward a crypto exchange. This suggests that whales have been dumping their DOGE holdings during the recent price dip. However, the one transaction that witnessed a shift of DOGE from Robinhood to an unknown wallet signifies that some are taking advantage of the Dogecoin price drop, expecting it to rise in the future.

The DOGE price tumbled by 10.10% as the crypto traded at $0.08243 at press time on Thursday, January 4, 2024. Moreover, in the last seven days, the meme coin has lost about 12% in value. In addition, despite the initial gains, the 1-month losses have now amounted to about 9%.

Earlier, on Wednesday, the dog-theme crypto plunged from $0.092 to $0.082 within two hours, accelerating the price decline. In addition, the DOGE market cap slumped by 9.95% to $11.77 billion. However, the 24-hour trade volume registered a massive increase. The trade volume skyrocketed by 141.46% to $1.08 billion.

Also Read: Binance to Remove Key Liquidity Pools in January 2024

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DOGE Price: Dogecoin Whales Move 635 Mln Tokens On Binance & Robinhood, What's Next For DOGE Price? - CoinGape

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Binance to Possibly Delist Several Tokens, Including Monero and ZCash – Coinspeaker

Privacy tokens Monero and Zcash are among the tokens given warning tags by Binance. Customers will need to complete a quiz to access them.

A crypto asset being listed on a major exchange like Binance is a sign that it is doing well and grants it a slew of benefits. At the same time, being listed on such exchanges is no guarantee that it will remain listed forever. Take the latest announcement from Binance that it will be adding a monitoring tag to 10 tokens. These indicate that the crypto assets are experiencing high levels of volatility and risk and might be delisted at some point.

In its announcement, Binance said that ANT, FIRO, KP3R, MDX, MOB, REEF, VAI, XMR, ZEC and ZEN were the tokens being slapped with a delisting tag. Notable among this group are Monero and ZCash. It is worth mentioning that both tokens were delisted from OKX just last month for no longer meeting the exchanges listing requirements.

Privacy tokens as a whole have been subject to some controversy within the industry before and these two are no different. While some users support privacy tokens, others oppose them and this could possibly have contributed to the delisting. In its announcement, Binance said regarding tokens with the tag:

These tokens are closely monitored, with regular reviews conducted. Keep in mind that tokens with the Monitoring Tag are at risk of no longer meeting our listing criteria and being delisted from the platform.

We also need to consider the possible regulatory reasons for this. Some industry experts have suggested that there is mounting pressure from regulators for crypto exchanges to distance themselves from privacy tokens. Several major exchanges like Coinbase and Binance faced heavy regulatory pressure in 2023 and former Binance CEO Changpeng Zhao is even facing charges from the government.

Delisting and putting warning tags on privacy tokens might just be a way for the exchanges to diffuse the situation.

Regardless of the reason for this decision, where does this leave the consumers who want to use these tokens? Binance explained in its announcement that customers will be required to take a quiz every 90 days before they can access the assets that have a warning tag.

This, most likely, is to make sure that customers are fully aware of the risks involved with these tokens before they invest their money. It could also protect Binance from any liability. Of course, if the tokens end up being fully delisted, customers will have to get their needs met elsewhere.

When OKX delisted several tokens last month, customers were duly informed of when deposits and withdrawals would be suspended and advised to take the necessary action to avoid losing their funds. If Binance goes down the same route we can expect similar provisions.

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Binance to Possibly Delist Several Tokens, Including Monero and ZCash - Coinspeaker

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Why are Polygon (MATIC) investors worried? Which Altcoin are they moving to? Experts answer – Cryptonews

In a recent twist of events, investors in Polygon (MATIC) find themselves contending with apprehensions amidst the altcoin encountering formidable resistance levels. As experts analyse the unfolding situation, a noticeable trend emerges a considerable number of these investors are redirecting their attention towards an alternative token, Retik Finance. This shift is attributed to Retik Finances perceived potential for robust growth, a factor that is capturing the interest of a substantial portion of the investor community.

Polygon, a layer-2 scaling solution for Ethereum, has been a favourite among investors for its commitment to enhancing scalability and reducing transaction fees on the Ethereum network. However, even the most promising projects can face hurdles, and Polygon is no exception. The current cause for concern among MATIC investors revolves around the altcoins struggle with strong resistance levels.Technical analysis by experts, including notable figures like Ali Martinez, has highlighted the hurdles that Polygon is currently facing. Martinez points out that Polygons growth is hindered by formidable resistance zones, specifically at $0.98 and $1.0. Whenever MATIC attempts to breach these levels, it is met with considerable selling pressure. Martinez notes that nearly 40,000 addresses collectively holding over 4 billion MATIC tokens are within this range, adding to the challenge for Polygon to make significant upward movements.This resistance has left Polygon investors worried about the altcoins short-to-medium-term prospects. As a result, many are exploring alternative investment opportunities that offer a more favourable risk-reward profile.

Amidst the uncertainty surrounding Polygon, a notable alternative has emerged in the form of Retik Finance. Experts analysing the current market trends and investor behaviour suggest that Retik Finance is becoming the go-to choice for those seeking an altcoin with substantial growth potential.Retik Finance, currently at presale stage 4, has been gaining attention for several reasons. Experts point to its token offering at $0.060, which carries a growth potential of 150% before its scheduled listing in Q3 2024. What sets Retik Finance apart, according to expert analyses, is the real-life applicable utilities that make it a promising investment option in a market where utility and functionality are increasingly valued.The surge in interest in Retik Finance can be attributed to more than just Polygons current struggles. The altcoin offers a comprehensive set of capabilities, including open and scalable consensus protocols, lightning network technology for real-time transactions, and extensive support for various cryptocurrency payment scenarios. Its decentralised network protocols for operational and governance networks enhance efficiency and reduce costs, making it an attractive choice for investors looking beyond short-term gains.

>>>> Click Here To Buy RETIK Tokens <<<<

Retik Finances growth potential extends beyond its current presale stage. The tokens capacity to offer diverse payment options, including SwiftPay, combined payments, subscription payments, and targeted payments in multiple account systems, positions it favourably in the evolving cryptocurrency market.Experts suggest that Retik Finance has the potential to pump over 2,000% post-listing, making it an enticing prospect for investors seeking substantial returns. The altcoins performance in surpassing expectations during presale stages, selling out in less than a month, further underscores its appeal.Investors seem to be responding to Retik Finances promising outlook, gradually moving their funds away from Polygon and redirecting them towards this burgeoning token. As the market landscape continues to evolve, diversifying portfolios and exploring new opportunities become crucial strategies for investors looking to navigate uncertainties and capitalise on potential growth.

>>>> Click Here To Buy RETIK Tokens <<<<

The cryptocurrency market, with its inherent volatility and unpredictability, demands constant vigilance from investors. Polygons recent struggles with resistance levels have raised concerns among its dedicated community, prompting them to seek alternatives with brighter prospects.Retik Finance, with its innovative approach to bridging the gap between the fiat and crypto realms, has emerged as a beacon for those looking to capitalise on the evolving landscape. Its comprehensive set of capabilities, coupled with a strategic presale offering and growth potential, has positioned Retik Finance as a compelling choice for investors seeking not just short-term gains but long-term value in the ever-expanding world of cryptocurrencies.As investors navigate the crypto seas, the choice of altcoins becomes paramount, and Retik Finance appears to be capturing the attention of those looking for the next wave of opportunities.

Click Here To Take Part In Retik Finance Presale

Visit the links below for more information about Retik Finance (RETIK):

Website: https://retik.com

Whitepaper: https://retik.com/retik-whitepaper.pdf

Linktree: https://linktr.ee/retikfinance

Disclaimer: The text above is a press release that is not part of Cryptonews.com editorial content.

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Analyst Predicts Mind-Blowing Parabolic Leg for Solana, Names One Altcoin That Could Outperform Other Coins – The Daily Hodl

A crypto strategist who nailed the Bitcoins (BTC) price floor during the 2018 bear market thinks Solana (SOL) is gearing up for a steep move to the upside.

Pseudonymous analyst Bluntz tells his 234,400 followers on the social media platform X that Solana appears to be forming a bullish reversal pattern on the one-hour chart.

According to the analyst, he expects SOL to consolidate for a bit before launching a parabolic rally.

Beautiful rounded bottom forming on SOL.

Would not be surprised to see some high timeframe sideways on this before the next mind-blowing parabola leg.

With Solana now trading well above the patterns support, Bluntz predicts an imminent rally for the fifth-largest altcoin by market cap.

Nice move from the lows so far on SOL.

New highs soon.

At time of writing, SOL is trading for $107.40.

Next up, the trader is looking at the new layer-1 blockchain Sei (SEI). According to Bluntz, SEI is shaping up to be one of this cycles fastest horses after launching a nearly 400% rally in just a few months.

SEI is quickly turning into this cycles outperformer.

Should definitely be on everyones radar for pullbacks in 2024, in my opinion.

At time of writing, SEI is worth $0.711, up about 200% since the start of December.

Another altcoin on the traders radar is Lido DAO (LDO), crypto project that aims to allow users to stake Ethereum (ETH) without locking assets or maintaining infrastructure.

According to the analyst, LDO looks primed for a breakout on its US dollar pair while flashing a bullish reversal signal on its Bitcoin pair (LDO/BTC).

I have a love/hate relationship with LDO but I think its finally going for the price discovery breakout. Theres also weekly bullish divergence on the BTC pair.

At time of writing, LDO is worth $2.87.

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Analyst Predicts Mind-Blowing Parabolic Leg for Solana, Names One Altcoin That Could Outperform Other Coins - The Daily Hodl

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Ethereum-Based Altcoin Explodes As Vitalik Buterin Says Project Is Super Important – The Daily Hodl

An Ethereum (ETH)-based altcoin is exploding in value after ETH founder Vitalik Buterin said the project is vital to the crypto ecosystem.

Buterin tells his five million followers on the social media platform X that all layer-2 (L2) projects should integrate with Ethereum Name Service (ENS), a platform that lets users buy a domain name on the Ethereum blockchain rather than using default addresses.

The domain names on ENS can be used to transfer and receive funds instead of using alphanumeric wallet addresses.

Says Buterin,

All L2s should be working on (trustless, merkle-proof-based) CCIP resolvers, so that we can have ENS subdomains registerable, updateable and readable directly on L2s. ENS is super-important, it needs to be affordable!

According to data from blockchain data platform Dune Analytics, there are about 2.14 million active ENS names and more than 801,000 unique participants.

Layer-2s, such as Optimism (OP) or Arbitrum (ARB), are built on top of Ethereum to improve scalability and costs.

CCIP, or cross-chain interoperability protocol, is a protocol that allows for the resolution of information on or off-chain from the Ethereum Virtual Machine (EVM).

In the past 24 hours, ENS was trading at a low of $8.88. After Buterins social media post, ENS soared to $14.20, a nearly 60% gain. ENS has since given up some of those gains and is trading for $12.82 at time of writing.

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Trader Says Ethereum-Based Blue Chip Altcoin Could Explode Over 100%, Updates Outlook on Bitcoin and Chainlink – The Daily Hodl

Crypto trader and analyst Ali Martinez is expressing a bullish outlook on a top-20 Ethereum (ETH) altcoin.

Martinez tells his 39,200 followers on the X social media platform that the Ethereum layer-2 network Polygon (MATIC) could appreciate by up to 115% from the current level.

According to Martinez, Polygon is forming a symmetrical triangle pattern on the three-day chart and is on the cusp of breaking out of the patterns upper trend line.

A symmetrical triangle pattern can be bullish or bearish bullish if the price breaks out above the upper trend line and bearish if the price breaks below the lower trend line.

Be patient! Let the pattern fully develop, as the initial target for MATIC is set at $1.25, followed by a potential move towards $1.82!

Polygon is trading at $0.847 at time of writing.

Next up is Bitcoin (BTC). Citing data from analytics platform Glassnode, Martinez says that the flagship crypto assets market value to realized value (MVRV) metric shows that the next key price targets for BTC are $52,680 and $70,250!.

MVRV is the ratio of the current market cap of Bitcoin relative to the crypto assets realized capitalization (BTCs market cap when the coins were last moved or acquired).

Turning to Chainlink (LINK), Martinez says while the blockchain oracle could potentially appreciate to $34, a drop below the $14.20 price, which it has, invalidates the bullish outlook on the four-hour chart.

Chainlink is trading at $13.85 at time of writing.

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Trader Says Ethereum-Based Blue Chip Altcoin Could Explode Over 100%, Updates Outlook on Bitcoin and Chainlink - The Daily Hodl

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Ethereum, Chainlink and Arbitrum Are Among Top 5 Altcoin Plays for This Year, According to Michal van de Poppe – The Daily Hodl

Closely followed crypto strategist and trader Michal van de Poppe is naming the top five altcoins he is bullish on in 2024.

In a new strategy video, Van de Poppe tells his 162,000 YouTube subscribers that his first top altcoin choice this year is the smart contract platform Ethereum (ETH).

The trader believes that money will soon flow from Bitcoin to ETH after BTCs significant rally to close out 2023.

Looking at his chart, the trader suggests that ETH will rally to cross $3,400 later this year.

He also suggests that ETH against BTC (ETH/BTC) appears to have carved out a market bottom at around 0.0491 BTC ($2,221).

The ETH/BTC pair is trading for 0.05322 BTC ($2,377) at time of writing.

He also believes that if a spot market exchange-traded fund (ETF) is approved for Bitcoin, an Ethereum spot market ETF will soon get the nod and that would serve as a catalyst for an ETH rally.

Lastly, he suggests that ETHs deflationary nature, brought about by its switch to a proof-of-stake consensus mechanism, is not yet priced in by the market.

Next up, the trader believes that ETH layer-2 scaling solution Arbitrum (ARB) is printing a bullish pattern against Bitcoin (ARB/BTC), putting in higher highs and higher lows.

ARB/BTC is trading for 0.0000393 BTC ($1.78) at time of writing. Looking at his chart, the trader suggests that Arbitrum will soar to 0.0000647 BTC ($2.93).

His next pick is another layer-2 scaling solution, Optimism (OP). He predicts that OP will correct down to the $2.78 range after its big rally and then bounce beyond the $4.50 level in the coming months.

Optimism is trading for $4.01 at time of writing, up 4.3% in the last 24 hours.

The fourth altcoin on the traders list is the decentralized oracle network Chainlink (LINK).

He says LINK is starting to show strength against Bitcoin (LINK/BTC), printing a bullish pattern of higher lows and higher highs. He is closely watching to see if LINK/BTC breaks through a key resistance level at 0.000450 BTC ($20.36), which he says would indicate a massive breakout is underway.

LINK/BTC is trading for 0.0003472 BTC ($15.71) at time of writing.

Lastly, the trader picks the newer ETH rival Sui (SUI). He says SUI has the potential to perform as strongly as Fantom (FTM), Avalanche (AVAX) and Polygon (MATIC) did in 2021.

At time of writing, SUI is worth $0.865.

I

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Ethereum, Chainlink and Arbitrum Are Among Top 5 Altcoin Plays for This Year, According to Michal van de Poppe - The Daily Hodl

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Solana-Based Altcoin Skyrockets 85% in 24 Hours As Coinbase Adds the Crypto Asset to Listing Roadmap – The Daily Hodl

A Solana-based (SOL) altcoin is surging as the top US crypto exchange platform adds it to its listing roadmap.

In a new announcement, Coinbase says it will be adding the decentralized global mapping network Hivemapper (HONEY) to its listing roadmap, meaning it could soon add support for it.

The move caused the digital asset to skyrocket by 85%, going from $0.129 to $0.232 in just 24 hours.

Coinbase created the roadmap in 2022 as a means of increasing transparency and reducing the possibility of investors front-running new trading support announcements.

Hivemapper, which touts itself as a revolutionary geo-mapping tool, works by having contributors collect mapping data with dashcams. The contributors would then earn rewards for their footage, which in turn leads to creating a decentralized map.

Hivemapper is building a decentralized global mapping network that rewards its contributors for collecting high volume 4K street-level imagery with dashcams.

Who are our contributors? Rideshare drivers, delivery drivers, fleet owners, GIS (geographic information system) enthusiasts, mapping hobbyists, and truck drivers. Contributors can map anywhere but can earn cash for mapping via dashcam only in certain cities

Imagine a network of map contributors and map consumers intricately connected on the Hivemapper blockchain, participating in a democratized and equitable exchange of valuable map data.

By deploying a simple dashcam on a car or truck, a contributor can receive rewards for their contributions and share the value created by a decentralized global map, while powering the worlds critical geospatial infrastructure.

HONEY has since retraced and is moving for $0.229 at time of writing.

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Solana-Based Altcoin Skyrockets 85% in 24 Hours As Coinbase Adds the Crypto Asset to Listing Roadmap - The Daily Hodl

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Altcoin season on the horizon – CryptoDaily

Table of Contents

The crypto market has reached a critical point. If bitcoin continues to hold steady, another $100 billion could enter into the altcoins, sparking a massive altcoin season.

Crypto has arrived at a very important juncture. Bitcoin has recently taken out last years high and looks to have its sights set on the all-important $48,000 level. Currently still holding firm above $45,000, $BTC could jump to $48,000 very quickly, especially if the announcement of a Spot Bitcoin ETF is made within the next few days.

If the expected announcement is indeed made, and bitcoin does get up towards $48,000 to $50,000, a price hiatus for the king of the cryptocurrencies might take place.

It could be at this point, with bitcoin having made its leap up, that investors start looking to take value out of bitcoin and put it into the altcoins, given that they would need to start playing catch up.

Source: Trading View

A chart to keep an eye on for this eventuality is BTC Dominance. Currently very high at more than 52% of the crypto market capitalisation, dominance is soon to make either a break to the upside or the downside.

Given that 52% dominance for $BTC hasnt been seen since June of last year, and before that in April 2021, the turning point may be here. In addition, dominance has come up against strong resistance at this level.

Source: Trading View

Another key chart to watch is Total3. This is the market cap of all the altcoins excluding $BTC and $ETH. It can be seen that Total3 is at resistance at $520 billion. A breakthrough of this level can lead to more than $100 billion pouring into the altcoins.

A possible rise to $640 billion could be on the cards, with $607 billion also a strong resistance.

Finally, just one more very strong note of optimism. Jim Cramer, of CNBCs Mad Money has changed his mind and stated that Bitcoin is here to stay, but that he predicts another weak year for crypto.

Given the ongoing joke that Cramer always gets it wrong, this could mean that crypto will have a very strong year.

Be this as it may, a correction is very likely coming for crypto, and it does look as though it will be this year. However, for the immediate future, things do look rosy, and that altcoin season may just finally arrive.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Crypto traders remain bullish on Celestia (TIA) even after 480% rally Here’s why – Cointelegraph

Modular blockchain Celestia has posted amazing growth since its launch on Oct. 31, 2023, when TIA tokens were airdropped to 580,000 users and the mainnet went live. Since launching,TIA has risen more than 460% from its debut price of $2.10 to the current value of $13.

The altcoin had a slow start in terms of on-chain activity, initially facilitating only 510,000 transactions in the first two days, according to data from MintScan.

However, as traders' appetite grew, TIA price followed and ultimately, on-chain activity grew as well. MintScan data shows that the network has so far facilitated 6,649,287 transactions since its debut on Oct. 31, 2023.

By comparison, rival blockchain Cosmos has averaged between 2.3 million transactions over the past 30 days against Celestias 5.9 million, MintScan data shows.

Celestias activity grew 85% within just two weeks, according to data from Santiment. Despite the decrease in social volume and development activity over the last few weeks, these metrics have started picking up in 2024 according to data from Santiment, an on-chain analytics firm.

TIAs price grew in tandem with the on-chain activity. As the users interacted with the blockchain, demand for TIA grew resulting in price growth. The demand for TIA also grew from the need to earn big staking incentives in the Cosmos Ecosystem and Osmosis. In addition, staking TIA comes with the hope that projects integrated with Celestia will issue token airdrops, similar to how Solana's Jito and Marinade DeFi protocols rewarded users with tokens in December 2023.

TIA price was $13 on Jan. 3, after a 42% gain made in 30 days and an impressive 481% increase in value over the previous 90-day period.

Its market cap skyrocketed in just 15 days, from a near non-existent to a remarkable $885 million on Nov.15, 2023. TIAs market capitalization currently stands at $1.9 billion, according to data from CoinMarketCap.

The growth of TIAs value is believed to coincide with the launch of Celestias mainnet beta on Oct. 31, 2023, marking the beginning of the modular blockchain era.

Celestia differentiates itself from its competitors as a modular data availability network designed to enhance blockchain scalability and improve the developer experience. Its design allows it to provide a scalable data availability layer for other blockchains, also known as rollups.

By separating the application and consensus layers, Celestia allows these rollups to execute transactions independently while ensuring that the data of these transactions is available and can be validated by anyone.

This feature ensures easy creation of specialized, improved flexibility, and efficient blockchains, promoting a more dynamic decentralized ecosystem.

This concept is somewhat similar to how Zero-Knowledge proofs function in Ethereum, where users are required to download just 1-2% of the entire chain to validate it. Celestia executes this through light nodes that download a minimal portion of the chain.

One metric that is used to assess the scalability of blockchains is transactions per second (TPS). Celestia is currently totaling 14 TPS. Meanwhile, Arbitrum has a daily average of 13.31 TPS, according to L2Beat.

This is a notable performance given that Celestia only rolled out less than 4-months ago and the networks adoption is yet to match that of Arbitrum, which has been operational since May 2021.

Arbitrum faces stiff competition from industry giants like NEAR, which has joined Celestia in the race to provide data availability services to Ethereum rollups.

While Celestias data availability scaling layer is likely to find a niche of users, it remains to be seen how the price will react as the ecosystem grows.

Related: Celestia to integrate with Polygon CDK for data availability in 2024

TIA dropped alongside the top-ranking cryptocurrencies as the market participants await for the United States Securities and Exchange Commissions (SEC) decision on spot Bitcoin ETF applications.

Apart from the bearish sentiment witnessed across the board on Jan.3, the sell-off in the price of TIA could be due to profit-taking on the latest run up to $14. The token has recorded a series of lower highs and lower lows over the last three days, leading to the appearance of a descending parallel channel on the four-hour chart (see below).

This is a significantly bearish chart pattern that points to continued drop as long as the price remains within the confines of the declining channel.

The relative strength index (RSI) has dropped below the 50-point mark suggesting that the bulls have begun losing market dominance to bears. Key levels to watch on the downside are the 100-period exponential moving average (EMA) at $12.38 and the major support level at $11.18.

On the upside, the Celestia price traded in a significant demand zone between $11.18 to $12.91. Note that this support zone has provided a launching pad for TIA in the recent past as shown on the -hour chart above.

The first time was on Dec. 14, 2023, when the crypto went on to rally $25% setting a swing high at $14.76. The next time was on Dec. 20, 2023, and Dec. 23, 2023, with the price soaring 16% and 29% respectively from the same demand zone.

If the same scenario plays out, Celestia buyers from this demand zone could push the price 22% from the current levels with their eyes set on the $15 or $20 psychological levels.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

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Crypto traders remain bullish on Celestia (TIA) even after 480% rally Here's why - Cointelegraph

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