Author: Brenda Mary

Bitcoin (BTC) has been on the decline, with its value decreasing by 5% in the past week. The current live Bitcoin price is $65,259. 47, with a 24-hour trading volume of $20,940,264,257. This marks a 2. It has reduced by 1.2% in the last 24 hours. On June 17, 2024, Bitcoin is ranging between $65,518 and $66,992, which is a clear indication of high volatility in the market. The high trading volume and the volatile price movements are evident of the current market volatility. The 1-hour chart shows that Bitcoin has been in a downward trend after reaching a high…

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TRON (TRX) price analysis reveals that the token is stable and trading at a price of $0.1152. Currently, TRX has a market capitalization of $10 billion and a 24-hour trading volume of $258 million, which keeps it among the top 15 altcoins. This consolidation suggests that there might be gearing up phase as the market prepares for the altcoin season.   Before that, in March, the price of TRX reached its highest level at $0. 1422, but it was still below the historical high of $0.3004, which was set six years ago. Although there was a slight decline at the…

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Notcoin (NOT) has been on a noticeable decline, shedding approximately 40% of its value over the past nine days. Currently, the 4-hour chart demonstrates a clear bearish trend, with the price now hovering around $0.01702. This marks a significant drop, positioning Notcoin close to critical support levels that could determine its short-term market trajectory. The technical outlook for NOT is grim as it follows a descending pattern, breaking past several support levels without signs of recovery. The current trading price represents a slight 5.86% decrease over the last 24 hours alone. Despite this, the market capitalization remains robust at about…

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Solana (SOL) is in a rather unfavourable position after falling below the $150 mark. At the $160 level, the asset has been unable to hold onto these gains during periods of market weakness. By June 14, 2024, Solana’s price movement is relatively flat, with the token priced at $148. 17 after a 1. 97% drop in the last 24 hours. In the past week, the price has dropped by about 13 percent. 5% while the remaining 2% is still considered slightly above zero. It has been reported that there has been an 18% rise in the number of cases recorded…

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Toncoin has particularly risen to $7.67, which is close to the record high and indicates a high level of bullish pressure in the cryptocurrency market. The coin now has a large market capitalization of $18.5 billion, which makes it the ninth-largest cryptocurrency by market capitalization. This has been realized at a time when the crypto markets have been characterized by a lot of fluctuations, and Toncoin has been among the best performers. Toncoin is currently in a testing phase of a significant resistance level at $8.00. TON’s trading volume of Toncoin rose 127% to $554 million in the last 24…

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Bonk (BONK) popular meme coin has shown notable price action in the last 24 hours. The coin has managed an impressive recovery, evidenced by a marked increase in its price and trading volume. Initially opening at $0.00002701, BONK witnessed a substantial dip to $0.00002254 before rebounding to a high of $0.00002886 within the same day.This upward movement is supported by a 14.26% increase in trading volume, amounting to approximately $390.92 million, emphasizing heightened market activity BONK Gains 6% as Market Activity Surges The BONK price analysis shows that BONK has risen considerably as depicted by the green candles on the…

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Tron (TRX) continues to demonstrate robust activity and community engagement, which could be setting the stage for a bullish breakout. Currently, TRX is trading around $0.116, with recent patterns suggesting an impending test of significant resistance levels. The daily chart highlights a pivotal moment, with TRX attempting to breach the $0.118 resistance. A successful closure above this mark may signal the start of a more substantial rally, potentially pushing prices towards $0.120 and higher. Technical Analysis and Market Indicators The technical landscape for TRX suggests that, at the moment, they are witnessing a promising setup as it beckons toward potential…

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According to the Bitcoin price analysis today, BTC fell by almost 2.05% on Sunday, the overall market sentiment remains bearish. This affected all the other cryptocurrency markets, with the Bitcoin price dropping to around $68,500 from $71,333 and then stabilizing at around $69,300 BTC/USD 24hr Price Chart( Source: CoinMarketCap) With such considerable declines in Bitcoin prices, this formed a bearish trend affecting the market predominantly, where all altcoins showed double-digit losses. This has left traders in a dilemma, debating on buying the dip or waiting longer for another selloff. Bitcoin trades near $69,332.49 and has just tagged a multi-month…

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Worldcoin (WLD) has recently experienced significant market volatility, marked by a sharp 10.16% drop in price over the last 24 hours. This decline brings the cryptocurrency’s current price to $4.42, as it grapples with fluctuations that have sparked concerns among investors about its short-term stability. Analyzing Price Movements and Market Reactions The recent decline in Worldcoin’s price is mirrored by its trading volume, which has seen a substantial increase of 62.7%, amounting to approximately $460,422,643 in the past day. This surge in trading volume suggests a heightened level of activity that could either be indicative of selling pressure or potential…

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Shiba Inu (SHIB), a prominent player in the meme coin market, has recently shown signs that might hint at a potential comeback. Despite a recent weekly decline of 3%, SHIB has maintained a positive trend over the last month with a 4% increase, suggesting resilience in a volatile market. This minor resurgence aligns with a broader sense of optimism within the cryptocurrency community, fueled notably by Bitcoin’s push into the $70K range. Market Dynamics and Investor Sentiment Shiba Inu’s performance is notably marked by an increased volume of large transactions, doubling in frequency compared to earlier this year. This surge…

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