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In an analysis shared via X, crypto analyst Ali Martinez elaborated on the ongoing price correction of Dogecoin (DOGE), positing that it is a consistent precursor to major bull runs, drawing on historical patterns to forecast future price movements. Martinez’s commentary centers on the chart pattern known as the “descending triangle.” This is a bearish formation that occurs when the price follows a downward trendline intersecting a flat support line. Typically, this pattern indicates a continuat...

Over the past few years, blockchain technology has risen, triggering a significant shift in our perception of and interaction with digital systems. Starting from decentralized finance (DeFi) to non-fungible tokens (NFTs), the idea of decentralization has changed many aspects of our online lives. However, this transformation does not limit itself to cyberspace. DePINs—decentralized physical infrastructure […] The post What is a Decentralized Physical Infrastructure Network (DePIN)? appeared firs...

The post Top Reasons Why Bitcoin is Dumping, What Next For BTC Price appeared first on Coinpedia Fintech News Bitcoin’s price has taken a hit recently, dropping below $60,000, sparking concerns about its bottom. Analysts from Altcoin Daily have suggested that breaking support at $62,000 may lead to further declines, potentially reaching levels around $52,000. Despite this correction, historical data shows that Bitcoin has faced similar downturns, such as in February 2023 and April-May …

The post Looking for The Next Tenfold Crypto Investment? Here are 3 Memes to Monitor This Year appeared first on Coinpedia Fintech News The crypto market has been on a rollercoaster ride lately, with meme coins emerging as unlikely stars. While some view them as mere jokes, savvy investors recognize their potential for delivering astronomical gains. If you’re on the hunt for the next tenfold crypto investment, here are three meme coins to keep a close eye on …

The post BlackRock’s IBIT ETF Faces Its First Ever Outflow Of $36.6M! appeared first on Coinpedia Fintech News Blackrock’s Bitcoin ETF, IBIT, on May 1st, 2024 faced its first-ever outflow of $36.6 Million amid the cross-border market correction. The market leader, Bitcoin price, experienced a drop of approximately 9%, from $61,583 to a low of $56,555. Further, it faced a liquidation of $464 Million out of which 86% were long positions and 14% …

Ripple and Internet Computer are two projects that initially brought much excitement to the crypto community. But how have those aims lived up to reality, and where are their tokens likely to go next? And now that we are in a wiser and more mature crypto economy, which new project has forecasters expecting gains in [...]...

The post SOL Price Breakdown Meets Demand, Teases A Reversal To $150 appeared first on Coinpedia Fintech News With a short surge in altcoins, Solana shows a promising recovery and teases a bullish extension this week. As it bounces off from a crucial support zone, a reflection of solid demand, the SOL price could reclaim the $150 milestone in May. However, the increasing volatility in the broader market and a potential correction in …

The post DOGE Price Analysis: Top Analyst Predicts Explosive Dogecoin Rally Based on Historical Pattern! appeared first on Coinpedia Fintech News The cryptocurrency market is currently experiencing a notable correction as we enter May, with the familiar saying “Sell In May & Go Away” seeming to influence investor sentiment. Bitcoin (BTC) has seen a decline of 10.52% over the past week, trading at just above $57,450. This downturn in Bitcoin’s price has had a ripple effect …

Meme coins are a special cryptocurrency that has become extremely popular in digital currencies. The rise of meme culture on the internet is the source of these coins. One of the first and most well-known meme coins, Dogecoin (DOGE), was developed in 2013 as a joke to parody popular cryptocurrencies. The well-known Shiba Inu dog …

Every so often in the landscape of cryptocurrency investments, a maverick analyst emerges with a track record that demands attention. Since the legendary 2021 bull run, one such figure has been consistently making waves with his predictions, earning a reputation for uncanny accuracy in navigating the volatile waters of the crypto market.Now, this crypto savant [...] The post Crypto Analyst Who Hasn’t Been Wrong Since 2021 Bull Run Wants You to Buy This Ethereum (ETH) Rival Priced Under $0.02, Bu...