Author: Joy Nganga

Bitcoin’s market has seen a remarkable rebound, with the cryptocurrency jumping 4.2% in the last twenty-four hours to break above $67K during early Asian trading. Following a successful resilience, Bitcoin was able to sustain its current bullish momentum by staying above this crucial support level at $63,500-$64,000.  Bitcoin is priced at $66,925.40 and has a  24-hour trade volume of $35 billion, representing an increase of 4.35%. It is suggested that this recovery could lead to more upward momentum as it shows that there is still some optimism in the market. Bitcoin’s recovery is well-supported by positive technical indicators such as…

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Solana’s price has tumbled drastically, changing hands at $171 now from its drop of 4.20% within the day. This downtrend is part of a larger market trend that has affected the general feel of digital currency markets due to fear, uncertainty, and doubt (FUD). The bearish candle formed today broke through the previous support line raising fears about potential losses that may occur subsequently. The recent downturn has negated the earlier breakout attempt, suggesting that the bullish momentum could not be sustained. If this bearish pressure continues, Solana may face a critical test of the $150 psychological support level, a…

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Meme coin Shiba Inu (SHIB) is currently grappling with a rough ride in the cryptocurrency market. SHIB sells for $0.00001732, which has gone down by 1.93% within one day. This decline reflects a more general movement in the meme coin space that has seen significant price fluctuations lately. With its market cap of approximately $10.21 billion, this meme coin ranks among the most valuable cryptocurrencies. Despite the recent fall, trading volumes have increased by more than 19%, equivalent to a strong trading activity of $256.21 million over the last twenty-four hours. RSI oscillates around 52 levels which are generally considered…

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Bitcoin has had a great recovery and is currently trading at $65,996.36 with a trading volume of about $32.85 billion. Despite having a marginal decrease of 0.72% within the day, this digital currency’s values have surged by 25% for the past fortnight alone so that it crossed the critical threshold of $62,000 and indicates broad market improvement above $65,000; this rebound is vital not just as a “number increased” but an important point for investors thus showing the appreciation of their digital assets. Looking at Bitcoin’s technical evaluation, there are prospects as it trades above $65k with a gain on…

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Pepe coin has experienced a slight upswing, trading at $0.000012 with a 24-hour volume of $749.63m, from intraday lows of $0.00001164. This comeback coincides with the wider market recovery in which Bitcoin is holding above $67,000 and this suggests a bullish outlook on all cryptocurrency assets. The current price is getting closer to crucial resistance levels – a decisive breakout at these could confirm that the recovery momentum is getting stronger. From the technical indicators’ perspective, Pepe has reached an equilibrium point on its Relative Strength Index (RSI). In other words, it indicates sentiments without overbought or oversold levels for…

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Shiba Inu (SHIB) has recently demonstrated a promising recovery, aligning with the broader bullish trend in the crypto market. This represents an increase of 3.66% over the last 24 hours, making a trade around $0.00001778 or a 4.67% weekly gain despite continued fluctuations in the market. The resilience of Shiba Inu is notable, especially considering the recent cyber incident involving an Indian exchange, WazirX, which resulted in significant asset losses including billions of SHIB tokens. This event, though potentially damaging to SHIB’s market perception, did not deter investor interest as evidenced by the coin’s rebound and the community’s robust response.…

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Bitcoin has gone way above the $65,000 mark and overcome huge psychological barriers showing resilience against global IT disruptions. Bitcoin today is at a sum of $66,599, which indicates that for seven days running, there was a solid rise of 14.8% from its previous position at $64,390. This hike highlights an important juncture for Bitcoin as it grapples with crucial resistance levels coupled with changing market moods. The ongoing rally confirms that Bitcoin has broken out of the Ascending Broadening Wedge pattern which is a bullish indicator to both technical traders and investors. It usually denotes rising volatility and market…

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While the global cryptocurrency market experienced a slight decline of 1.07%, taking its overall value to $2.38 trillion, the price of Bitcoin (BTC) is still above $64,500. Bitcoin’s stable performance despite fluctuations in the wider market highlights its potential as an alternative digital currency. At about $64,869.73, Bitcoin had recorded a subtle 24-hour adjusted change of +0.09%. This drop can be seen as minimal compared with the general downtrend in prices and suggests that Bitcoin is somewhat shielded from much broader shocks throughout the industry. Furthermore, it has been shown that in terms of its market capitalization, Bitcoin is still…

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Dogecoin (DOGE) has shown resilience in the volatile crypto market, currently trading at $0.125355. This represents a 4.80% increase in the last 24 hours, supported by a substantial trading volume of $828,233,584. The recent price movement indicates that DOGE is mirroring patterns observed in leading cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). Dogecoin’s price action has been relatively constant with small oscillations. The coin has traded within a narrow range which has helped it remain stable even during broader market movements. This consolidation phase is very important to DOGE because it sets up a good base for…

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Toncoin (TON) price analysis shows that TON is trading at $7.39 with a trading volume of $286 million over the last 24 hours. The cryptocurrency remains resilient in the market, despite a slight decline of 0.11%, reflecting a more cautious optimism among investors. In this technical analysis, we look into the recent movements and possible future paths of TON amidst an environment of fluctuating markets. TON oscillates around the $7.40 level, More upsides ahead? The trajectory of Toncoin’s prices has seen multiple rises and falls as seen in the latest sessions for trade. The price has oscillated around the $7.40…

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