Category: AI

XRPpricerecentlystruggledtoregainbullishmomentum,withthealtcoindecliningsincethestartofOctober.Initiallytradingwellabove$0.60,thealtcoinhasnowdippedto$0.51,raisingconcernsamonginvestors. Thisdropindicatesapotentialcontinuationofbearishsentiment,leavingmarketparticipantscautiousaboutXRP’snear-termoutlook. RippleInvestorsPanic TherecentdeclineinXRP’spricecanlargelybeattributedtolong-termholders(LTHs)whoreactedwithuncertaintyastheassetlostground.Thespikein“ageconsumed”datarevealsthattheseLTHsbeganmovingtheirholdingsimmediatelyfollowingthepricedrop.Thisindicatesalevelofpanicamongseasonedinvestors,suggestingtheywereconcernedaboutrisks. Thispanic-drivenmovementamongLTHshighlightsthefragilesentimentwithinXRP’sinvestorcommunity.Withexperiencedholdersshowingsignsofhesitation,XRP’smarketappearstobeinadelicateposition.ThelackofconfidenceamongLTHsmaycreateadditionalsellingpressure,potentiallyexacerbatingthedownwardtrendifsentimentdoesnotstabilize. XRPAgeConsumed.Source:Santiment Intermsofmacromomentum,XRP’snetworkgrowthinitiallysawaboostasitspricebegantodecline,suggestingthatnewinvestorswereeagertoenterthemarketatlowerlevels.However,asXRP’spricecorrectiondeepened,thisinitialoptimismwaned.Networkgrowthhassincedeclined,reflectingareductioninnewaddressesjoiningtheXRPnetwork. ThedeclineinnetworkgrowthindicatesthatXRPmaybelosingtraction.Whilenewaddressesinitiallysurgedinresponsetolowerprices,thecontinueddropinXRP’svaluehastemperedenthusiasmamongpotentialbuyers. XRPNetworkGrowth.Source:Santiment XRPPricePrediction:PavingItsWay XRPfellby5.6%onFridayandisworkingtoreclaim$0.52asasupportlevel.Thislevelalignswiththe38.2%FibonacciRetracementline,makingitacrucialmarkerforanypotentialupwardmovement.Securingthissupportcouldpavethewayforarisetowardthe$0.55resistance,offeringXRPachancetostabilize. Currently,XRPisholdingabovethe23.6%Fibonaccilineat$0.47,oftenseenasthebearmarketsupportfloor.Thislevelprovidesafoundationthatcouldpreventafurtherdrawdown,helpingXRPavoidmoresignificantlossesifmarketconditionsremainstable. XRPPriceAnalysis.Source:TradingView However,thelackofstrong,bullishsignalspresentsachallengeforXRP’srecovery.IfXRPmanagestoflip$0.52intosupport,itcouldrallybackto$0.55,counteringthebearish-neutraloutlook. beincrypto.com

TheBitcoincommunityiscurrentlyabuzzwiththenewsthattechgiantMicrosoftisseekingavotefromshareholdersonitsBitcoininvestmentproposal.Althoughthedetailsofthedevelopmentremainscant,BTCsupporterslikeAnthonyPomplianoexplainwhatcouldbethereasonforMicrosoft’srecentpivottoBitcoin.

CryptoexchangeCoinbasehasannouncedaplantodelistDecentralizedSocial’snativetokenDESO,sendingshockwavesthroughthecryptocommunity.Theannouncementhasledtoa20%dropinDESOpriceoverthepast24hoursastradersrespondedimmediatelytothenews.

Cardanopricehasrecentlyshownsignificantmovement,withthetokeneyeingthepotentialtoreach$1inthenearfuture.Theproof-of-stakeblockchainassethasgainedtraction,althoughrecentcorrectionshaveintroducedabearishsentiment.

Accordingtocryptocurrencyonchaindata,ananonymouscryptotraderwithasizablefortunesufferedsignificantlossesinhisrecenttrades. AccordingtodataprovidedbyLookonchain,traderJamesFickelopenedalongpositionintheBTC/ETHpair,incurringatotallossof22,500ETH,or$55million. ThedatashowsthatFickelborrowed3,061WBTCondecentralizedcryptocurrencyplatformAaveandtradedthemfor56,445ETHbetweenJanuary10andJuly1.Atthetimeoftheswap,theparitywasat0.05424. SinceAugust7,hespent$12millioninUSDCtobuy211WBTCandexchanged47,476ETHfor1,888WBTC,equivalentto$113.5million,whichhethenusedtopayoffhisdebtonAave. Asaresult,Fickelcurrentlyowes980WBTConAave,worth$132million,andhaslostatotalof$55milliontodate. WhenFickel\'scryptocurrencywalletisexamined,itisnoteworthythathedoesnotholdanyothercryptocurrencies. *Thisisnotinvestmentadvice. en.bitcoinsistemi.com

ADAdropped3.75%afterBitcoinfellbelow$67,000,aligningwithabearishforecastbycryptoanalystBenjaminCowenfromAugust2023. Cardano’sADAslippedto11thplacewithamarketcapof$11.58billion,down89.31%fromits2021all-timehighof$3.10. ADA’sRSIat40.29suggestsbearishcontrol,facingresistanceat$0.37-$0.40,withsupportaround$0.30-$0.31. Cardano’sADAtokenfacedasignificantdropof3.75%overthepast24hours.ThedeclinefollowedBitcoin’sdipbelow$67,000,triggeringabearishresponseacrossthecryptomarket.ThisdevelopmentalignswithapreviouspredictionfromcryptoanalystandYouTuberBenjaminCowen,whohadanticipatedadownturnforADA. Cowen’sprediction,initiallymadeinAugust2023,forecastedthatADAwouldlosegroundagainstBitcoin,fallingtoapproximately400satoshis.Atthetime,manydismissedhisoutlookasoverlypessimistic. BREAKING:BenjaminCowenproven100%correctabout#Cardano. BackinAugust2023,Ben(onAltcoinDaily)projected$ADAwouldhit400satoshis(akalosedominance)against$BTC. Benwaslaughedatandcalledafool.Seriously.CheckthecommentsectiononYouTubeandseefor…pic.twitter.com/SGVmN8WT5C —AltcoinDaily(@AltcoinDailyio)October26,2024 However,ADA’srecentstrugglesnowlendcredibilitytoCowen’sbearishstance.ThisdropalsocontributedtoADA’sslideinthecryptorankings,losingitsspotasthe10th-largestdigitalasset.CoinMarketCapdatanowlistsADAin11thplace,withamarketvaluationof$11.58billionandapriceof$0.3309. ADA’sMarketPerformanceDeteriorates Notably,ADA’sstruggleshavenotbeenlimitedtotherecent24-hourdownturn.Thetokenhasseena7%declineoverthepastweek,addingtoabroadertrendofunderperformance.ADAremains89.31%belowitsall-timehighof$3.10,recordedin2021. Furthermore,therecentpriceactionhasalsodrivenasurgeintradingvolume,whichroseby80.38%inthepastday.Analystssuggestthatthisincreaseintradingactivitypointstoasell-offbytraders,reflectingwaningconfidenceinADA’sshort-termoutlook. Besides,thebroadercryptomarket’sdownturnhasnotsparedADA,whichhasbeenoneoftheworst-performingblue-chiptokensoverthepastyear.SinceOctober2023,ADAhasmanagedonlyamodestgainof13.95%.Marketanalystsattributethissluggishgrowthtoacombinationoftechnicalchallengesandcompetitivepressureswithintheblockchainspace. JeCardanoEyesDecentralizationAmidstPriceChallenges However,despiterecentsetbacks,CardanoismakingeffortstoenhanceitsnetworkthroughtheupcomingChangHardForkandVoltaireupgrade.Theseupdatesaimtoimprovetheblockchain’sgovernancemodel,movingtowardsgreaterdecentralization. Particularly,theVoltaireeraseekstoempowerthecommunitywithdecision-makingauthority,whichcouldstrengthenthenetwork’sappealtodevelopersandusers. Nevertheless,ADA’scurrenttechnicalindicatorssuggestthatmarketconditionsremainchallenging.TheRelativeStrengthIndex(RSI)forADAstandsat40.29,whichindicatesabearishtrend. Hence,thismetricsuggeststhatsellerscurrentlyhavecontroloverthetoken’spricemovement.ADAisalsoencounteringresistanceat$0.37and$0.40.Foranypricerecovery,thetokenwouldneedtoovercomethesebarriersandattractincreasedbuyinginterest. PotentialSupportLevelsforADAAmidVolatility Cardano’snearestsupportlevelsitsbetween$0.30and$0.31,apricerangethatitlasttestedinNovember2023.Ifthebearishpressurecontinues,ADAmayapproachthissupportzoneoncemore. Conversely,ariseinbuyingvolumecouldcreateashort-termpricespike,asindicatedbytheRSI.SuchashiftwouldprovideADAwithanopportunitytostabilize,evenifonlytemporarily. Therefore,marketanalystsemphasizethattheoutcomeofCardano’songoingupgradeswillplayacrucialroleinshapingADA’sfuturetrajectory.Astheblockchaintransitionstowardsgreaterdecentralization,thefocuswillbeonwhetherthesechangescanhelpregaininvestorconfidence. cryptonewsland.com

KishuInuiscurrentlytradingatapriceof$0.000000000315witha3.62%priceincreaseandadailyhighof$0.000000001333.Thepricequicklyretraced,signalingspeculationandthepossibilityofapump-and-dumpsituation. Tradingvolumehit2million,suggestingactivitypickedupoverthepastweekbutlong-termstabilityisstilluncertainduetohowvolatilethisassetis. 1-dayKUSHItradingchart:SourceTradingView PriceActionandMarketPerformance KishuInusawarapidpricespikefollowedbyapullback,signifyingextremevolatilityintrading. -Advertisement- SinceitsApril2021launch,KishuInuhasattractedlotsofattentionandralliedover4,300%inashortperiod.Furthermore,KISHUonceagainsawawaveofinterestinOctober2021,withpricesincreasingbyover1,900%toahighof$0.0000000099. Thisrallydidn’tlastasmacroeconomicissuessuchasrisinginflationandinterestrateshavedevastatedKISHUby94%ofvaluethispastyearsinceOct2021toAug2022. KishuInu’sPriceForecastfor2025andBeyond Basedon2025KishuInupricepredictions,thetokencouldwitnessahugemarketbreakoutasanalystsexpectittotradefor$0.000000036099bytheendoftheyear. Thetokenisexpectedtostabilizearound$0.00000005252byDecember2025andthelowestpricewouldbearound$0.000000047761. DespiteKISHU’swildpriceswings,billionaireventurecapitalistTimDraperhasreiteratedhispredictionthatthetokencouldreach$0.000000036099bylate2025. Furtherdowntheline,2026couldseeKishuInutradeintherangeof$0.000000017798and$0.0000000107,whichrepresentsasignificantincreaseonitspreviousyear. Overallmarketoutlookfor2026isbullishwithincreasingperformanceoftokeninthefuture. Long-TermGrowthPotentialThrough2028 KishuInu’sgrowthpaceisexpectedtocontinueuntiltheyear2027andbeyondwithapossibilityofitreaching$0.00000000137bytheendof2028.Thatwouldbetheall-timehighforthetoken,withaminimumpriceexpectationof$0.00000000115inthenextfiveyears. KishuInu’sriseinpopularity,combinedwithitsbroadeningfunctionalitysuchasrewardsandstakingaddstoitslong-termgrowthpotential. Accordingtolong-termpredictions,thememecoinboastssignificantpotential.Withthetokenapproachingkeypricelevelsoverthenextfewyears,investorsarekeepingacloseeyeonfuturedevelopments. thecoinrepublic.com

Agora’s$AUSDstablecoinoffersbusinessesastableandtrustworthydigitalcurrencyoption. ThecollaborationwithWormholeseekstoimproveliquidityacrossmultipleblockchainnetworks. Thislaunchinitiatesaneweraforstablecoins,emphasizingfairnessandbroadaccess. OnOctober25,2024,0xMantleannouncedthelaunchofAgora’s$AUSDstablecoin.ThislaunchisamajoradvancementforfinancialsolutionswithintheMantleecosystem.AsthefirstEthereumLayer2deploymentofAUSD,itaimstoprovideasecuredigitalcurrency.$AUSDisbackedbycash,U.S.Treasurybills,andovernightrepoagreements. 🔈JUSTIN:0xMantlehasdeployedAgora’s$AUSDstablecoinonitsplatform.🛡pic.twitter.com/5faF0k6Nl7 —RananjaySingh(@TodayCryptoRj)October25,2024 ImprovingStabilityandAttractingBusinesses Agora’s$AUSDstablecoinhelpssolveproblemsfoundintraditionalbridgedstablecoins.Theseproblemsincludetimelocksandcapitalinefficiencies.Thisnewstablecoinoffersamorereliableoptionforbusinesses.Companieslookingforstabilitycanbenefitfromthisintegration. Additionally,AgorachoseWormholeasthemaininteroperabilityproviderfor$AUSD.Thispartnershipaimstounifyliquidityacrossmultipleblockchains.Currently,$AUSDoperatesonEthereum,Avalanche,andSuiwithover$65millionintotalvaluelocked.Thismakesthestablecoinacentralizedandcrediblyneutraloptionforusers. TheRoleofNon-TransferableTokens WiththeWormholeintegration,Agoraintroducesnon-transferabletokens,orNTT,toitsecosystem.Thisframeworkreducesliquidityfragmentationwhilekeepingthepropertiesoftokensacrossdifferentchains.Asaresult,userscanexpectbettertransactionefficiencyandlowercosts. TheNTTframeworkalsoallowsAUSDtoexpandtootherblockchains.PlansincludeaddingSolanainthefuture.Thisdevelopmentwillincreaseaccessibilityandcreatemoreopportunitiesfortransactions. TheStartofStablecoin3.0 Thelaunchof$AUSDmarksthebeginningofStablecoin3.0.Thisnewphasepromotesanequalmodelthatbenefitsallusers.Unlikeoldermodelsthatfavoredspecificcompanies,$AUSDprovidesalevelplayingfield.ThisencouragesmoreliquidityandutilityforbusinesseswithintheMantleecosystem. NickvanEck,CEOofAgora,sharedhisexcitementaboutthispartnership.HenotedthatMantlewasthepriorityforAUSD’sfirstL2deployment.Thiscollaborationshowsgreatpotentialforthestablecoin’sgrowthindigitalfinance. cryptonewsland.com

BitwiseResearchDirectorRyanRasmussenrecentlyhighlightedfourmajorcatalyststhatcouldpushthecryptocurrencymarkethigher. Inasocialmediapost,Rasmussendetailedthesefactors,focusingonpoliticaldevelopments,economicpolicies,ETFtrends,andemerginginnovationsintheblockchainspace.Here’sacloserlookattheidentifiedfactors: USElectionsandRegulatoryProgress RasmussennotedthattheongoinguncertaintysurroundingtheupcomingUSelectionshasaffectedmarketsentiment.However,henotedthatthecryptoindustrycurrentlyhasstrongpoliticallobbyingandbipartisansupportinCongress.Regardlessoftheelectionoutcome,pro-cryptolegislationremainshighlylikelytopassCongress.Thisshiftinpoliticalsupportcouldboostinvestorconfidenceinthesector. InterestRateCutsandEconomicStimulus Asglobaleconomiesfaceanewcycleofquantitativeeasing,anysignsofeconomicweaknessarelikelytotriggeraggressivestimulusmeasures,accordingtoRasmussen.Lowinterestrates,loosemonetarypolicies,andincreasedgovernmentsupporthavecreatedafavorableenvironmentforcryptocurrencies,whichtypicallythriveamideconomicstimulusandinflationconcerns,heargued. ETFFlowsReacceleration RasmussenexpectsmajorsecuritiesfirmstobeginrecommendingBitcoinETFstotheirclientsinthecomingmonths.ThisrenewedaccelerationinETFflowscouldleadtoincreasedadoptionandpotentiallypushBitcoinpricestoall-timehighs.BitcoinETFscouldseesignificantcapitalflowsthroughQ42024and2025,furthercementingtheirroleinmainstreamfinancialmarkets. StunningApplicationsandNewProductLaunches “Breakingapplications”andnewblockchainprojectsaregeneratingexcitementinthecryptospace.Rasmussenhighlighteddevelopmentssuchasstablecoins,decentralizedphysicalinfrastructurenetworks(DePINs),andpredictionmarketsaskeyareasofinnovation.ThereisalsogrowingoptimismaroundnewblockchainplatformssuchasNear,Sui,Aptos,andMonadthatcouldofferscalablesolutionsandincreasetheappealofdigitalassets. *Thisisnotinvestmentadvice. en.bitcoinsistemi.com

Solana’spricerecentlyfacedchallengesinmaintaining$175asasupportlevel,whichhalteditsupwardmomentumafterweeksofgains.ThislossinbullishmomentumhasputSOLunderpressure,makingitvulnerabletoapotentialdrawdown. Astradersassesstheoutlook,Solana’spriceactionisbecomingakeyfocusformarketparticipants,particularlyafterrecentsetbacks. SolanaIsLosingItsBullishness Inthepast24hours,traderswhoplacedlongpositionsonSolanaexperiencedsubstantialliquidations,signalingashiftinmarketsentiment.TherecentdropinSOL’spricetriggeredabout$25millioninlongliquidations,thelargestsingle-dayliquidationforSolanainthreemonths. Thescaleoftheseliquidationsmayhaveshakenconfidenceamongbulls,potentiallyleadingsomeinvestorstostepback.However,whilethemarketappearscautious,theextentoflongliquidationsalsohighlightsthevolatilityinSolana’spriceaction. Readmore:Solanavs.Ethereum:AnUltimateComparison SolanaLiquidations.Source:Coinglass ThemacromomentumforSolanaisshowingsignsofslowing,withtechnicalindicatorsliketheMovingAverageConvergenceDivergence(MACD)pointingtoapotentialshift.TheMACDhistogrambarsareshrinking,signalingadecreaseinbullishmomentumandhintingatapossibledownturn. TherecedingMACDbarssuggestthatSolana’srecentuptrendmightbelosingsteam,withbearishsentimentbuildinginthebackground.ThistransitioninmomentumcouldindicatethatSolanaisenteringaconsolidationphaseor,worse,amoresignificantretracement. SolanaMACD.Source:TradingView SOLPricePrediction:BravingtheBarriers Afterexperiencinga7%dropinthepastday,Solana’spricehasretreatedto$169,failingtosecure$175asasupport.Thepeakofbullishmomentumappearstohavereversed,leadingtoadownwardtrajectorythatcouldpushSOLlowerifbuyersdonotstepin.Thenextsupportlevelat$161iscrucial,andSolanamaybreachitifcurrenttrendscontinue. ShouldSOLlosethe$161support,itcoulddescendto$155orevenlower,dependingonsellingpressure.Thisdeclinewouldfurtherconfirmbearishsentiment,makingarecoverymorechallengingunlessbuyinginterestpicksupsignificantly. Readmore:Solana(SOL)PricePrediction2024/2025/2030 SolanaPriceAnalysis.Source:TradingView However,ifbullishsentimentregainsstrength,Solanamaystabilizeandattemptanotherrally.Asuccessfulbreakabove$175couldinvalidatethecurrentbearishthesis,potentiallypropellingSolanabacktoward$180. beincrypto.com