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XRP Downside Risks 24h & 3D ☁️; Price Recovery in 7 Days? ☀️John Deaton, a pro-crypto lawyer, confirmed that he will run as Republican Senate candidate in Massachusetts against the incumbent Senator, Democrat Elizabeth Warren. “I’m excited for the opportunity to fight for change, and for the people of Massachusetts in the United States Senate,” he said. Deaton represents over 75,000 XRP holders as amicus counsel in the ongoing court battle between Ripple Labs and the Securities and Exchange Commission. The price of XRP fell 3.3 percent to 54 cents over the past 24 hours. Trading conditions for XRP are going to be mixed over the next couple of days. Further downside is forecasted by ATTMO for the next 24 hours and 3 days, with some returning over a one-week horizon. Follow us for more crypto weather reports!
Short
by ATTMO
ETH Upside Potential in the Next 3D & 1W, $3K & Up? Galaxy Digital acquired 26,000 Ethers on Tuesday, worth around $76 million at today’s price, on-chain data from Lookonchain shows. This pushed the price of Ether above the $3,000 threshold for the first time since April 2022, before falling back. “$3,000 for Ethereum. To be honest, it’s still undervalued to #Bitcoin. Given the valuation of Bitcoin at $52,000, it would be normal to have a valuation of $3,800 per $ETH. The upside is gigantic,” said the CEO of MN Trading Michaël van de Poppe. “The Ethereum rally is supported by the March Dencun upgrade but, more importantly, by the expectation that a) the Bitcoin halving is bullish for crypto and b) that Ethereum ETFs will be approved by the SEC” in May, the Head of Research at 10x Research, Markus Thielen, said in a research note. Ether rose 0.5 percent to $2,943 over the past 24 hours. A bullish sun shines over both Bitcoin and Ether over the course of the next 3 days and week, indicating upside potential. Binance Coin and Dogecoin should also profit from this bullish trend, ATTMO shows. Follow us for more crypto weather reports!
BITSTAMP:ETHUSD
by ATTMO
BTC $57K Next? ATTMO Forecasts ☀️ Conditions for the Next Week Cryptocurrencies rose across the board over the past week and continued their upward trajectory over the weekend. Bitcoin rose 9 percent over the past seven days, with its up-coming halving at the end of April supporting demand. “Bitcoin appears to target $57,000 as its next resistance, and considering Bitcoin’s performance in the previous pre-halvings, the odds for another leg being higher are increasing,” said the Head of Research at 10x Research, Markus Thielen in his daily newsletter. “This time will be no different as the perception within the crypto community is high that the halving is bullish. This perception is undoubtedly flowing into the TradFi community, which is aggressively buying these Bitcoin ETFs ahead of the halving.” The price of Bitcoin strengthened 1.5 percent to roughly 52,500 US dollars over the past 24 hours. Read more about Bitcoin’s upcoming halving here. The steady inflow of funds into the spot Bitcoin exchange traded funds (ETFs) launched in the US a month ago also supports the price of Bitcoin. ATTMO’s sunny predictions for the next 24 hours and week confirm that bullish trading conditions lie ahead for the global crypto market. Follow us for more crypto weather reports!
BITSTAMP:BTCUSDLong
by ATTMO
BTC Continues to Rise! ☀️ $55K Target Next Week? The price of Bitcoin stabilized at two-year highs, supported by stock market indices in both the US and Japan at or near all-time highs. Inflows into the spot Bitcoin exchange traded funds (ETFs) in the US remained heavy at nearly 478 million US dollars on Thursday. This is the fifth highest inflow since their launch on Jan 11, data from BitMEXResearch shows. Another factor behind the 110 percent rise of Bitcoin over the past 12 months is its upcoming halving, set to occur as of April 17. The bullish sun continues to shine over the global crypto market in the next 24 hours and week, signaling additional upside for Bitcoin, Ether and many other altcoins covered by ATTMO. However, bearish clouds will linger over Cardano, Avalanche and Polkadot in the near and medium term. Follow us for more crypto weather news and reports!
BITSTAMP:BTCUSDLong
by ATTMO
BITCOIN - Weekly Outlook 13/02/24'Hello everyone, hope you guys doing great. So those who follow know, that my close monitoring and breaking down chart payed off... Since we was able to recognize that probabilities of reverse shifting and favouring Upside price targets when Price was refusing to go lower under price level I ment in last updates.. So hope everyone bagged some profits already, and if not, its still great time to do right now as we sits just around 50k which is GREAT price for some profit taking for several reason, more about why you can find inside ↓↓↓ ... As for WHAT Im doing RIGHT NOW - is that I closly follow lower time frame charts 5min/15min and 1h... Since Im of opinion that we rallied A LOT already and is Tuesday, which following my data shows as a day with the MOST Liquidity reverses (meaning, we go for Sellside liquidity).. So with that in mind and aswell upcomin US CPI numbers Im alerted that there is highier chance of revisiting Lower prices then sustained rallie on upside.. BUT!! even in this scenario Im thinking that is still possible that price can rallie a bit highier (51k to 51,8k max.) BEFORE reversing... at least for this WEEK! -- In simple terms, I think we can rallie today up to 51,8k MAX! as a possibility, but Its Low% chance BUT if its happend, IT WILL BE GREAT SHORT ENTRY PRICE for me! -- --- IN THE SAME TIME - I think we are in GREAT SHORT PRICE entry RIGHT NOW, since, we already rallied a LOT, and above ment price is only 2% max.3% highier.. and since its possible we dont get that PERFECT entry area around 51k... it would be SMART to follow lower time frames as I ment, and entry "smaller" position In correct time, before building that short trade more --- Hopefully, this helps some of you with your perception of market. If YES, please consider liking or sharing this post, it would mean a lot for me. Thanks Joe
INDEX:BTCUSDShort
by cryptocapitaltrading
Bullish Week Ahead for BTC? 🌞 Time to Long?Cryptocurrencies rose sharply on Friday and over the weekend, with the price of Bitcoin surging close to its cycle high reached mid-January. This in turn triggered a massive wave of liquidations, wiping out millions of dollars. The price of Bitcoin was up 0.3 percent at 48,300 dollars over the past 24 hours, compared to 46,300 dollars on Friday. A bullish sun shines over Bitcoin, Ether and Binance Coin in the next 24 hours and over a one-week horizon, signaling upward potential. As for Ripple’s XRP, Avalanche and Polkadot, they will face bearish clouds, rain or even a storm, indicating downside risk over the short and medium term. The outlook is mixed for Cardano, Dogecoin, Uniswap and Polygon which face clouds in the coming 24 hours, but sun and upside potential over a one-week horizon. Follow us for more crypto weather reports!
BITSTAMP:BTCUSDLong
by ATTMO
Baby Bonk at $10M Market CapConsidering that this token is only at $10M market cap and BONK is at SEED_TVCODER77_ETHBTCDATA:1B market cap, we can expect this token to get to the SEED_TVCODER77_ETHBTCDATA:1B market cap region within the next couple months (Perhaps even weeks :o). The Baby Bonk team is on point with their marketing and are very active on social media. Already , 95% of the token's supply is in circulation, with plans to release the token on more centralized exchanges in the (very) near future, alongside the centralized exchanges that already list the token. Not financial advice. Good luck, and God speed. TO THE MOON!!!
BLong
by UnknownUnicorn60024038
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