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news-imageAugust 20, 2024

Shiba Inu (SHIB) Lowest Level in 2024? What's Happening, XRP Secures Golden Cross, Ethereum (ETH) Takes Wrong Turn

Right now, Shiba Inu and other meme coins are showing remarkably similar market behaviors, and this similarity is not accidental. Both DOGE and SHIB have experienced an extended period of low volatility consolidation, which begs the question of what the market's general sentiment will be regarding these coins' future prospects.
Publisher: UToday
Sentiment: Negative
ETH
SHIB

More News Articles

Positive
cover-imageCointribune
November 29, 2024

Why Is Ethereum Dominating ETFs This Week?

Ethereum ETFs have recently outperformed their Bitcoin counterparts in terms of net inflows over the last four trading days. According to data, Ether ETFs recorded net inflows of $224.9 million between November 22 and November 27, while Bitcoin ETFs accumulated only $35.2 million during the same period.

Positive
cover-imageThe Currency Analytics
November 29, 2024

CME Ethereum Futures Hit Record Highs as Institutional Interest Grows

Ethereum [ETH] has recently seen an impressive surge in institutional interest, with CME Futures Open Interest (OI) reaching a record high of 662,600 ETH, or approximately $2.5 billion. This marks a significant jump from the 350,950 ETH recorded earlier in November, just before the U.S. Presidential elections.

Neutral
cover-imageCoinPedia
November 29, 2024

Will Ether Breakthrough $4,000? Traders Remain Cautious

Ether has been showcasing incredible performance this bull season. A streak of inflows into the US-listed spot Ether ETFs, the rising activity on the Ethereum blockchain, and the increased institutional interest could all drive Ether to beat its three-year-old price record in the coming months.

Positive
cover-imageCoinPedia
November 29, 2024

Ethereum Price Update: Can It Hold the Momentum?

Ethereum reached $3,688 on November 28, its highest in six months. That's big news, but it didn't stay there long. The market took a breather, and ETH slid back to $3,580. Still, it ended the week with a 5% gain, which isn't too shabby, considering the wild 18% jump earlier.

Positive
cover-imageCoingape
November 29, 2024

XRP Whales Move 139M Coins As Ripple Case Near Potential End

XRP whales have taken action to shuffle over 100 million coins on Friday, setting off waves of speculation among traders and investors globally. As the Ripple Labs vs U.S. EC lawsuit reaches a potential end, these transactions have sparked substantial intrigue over the firm's native coin's future movements.

Positive
cover-imageThe Daily Hodl
November 29, 2024

‘Very Promising Start': Top Analyst Says Ethereum Headed Higher Against Bitcoin – Here Are His Targets

A top analyst who accurately called the end of the 2022 crypto bull market thinks Ethereum (ETH) is poised to rally in both its Bitcoin (ETH/BTC) and US dollar pairs. Pseudonymous analyst Pentoshi tells his 826,200 followers on the social media platform X that ETH/BTC looks good after respecting its support at 0.30 BTC.

Positive
cover-imageUToday
November 29, 2024

XRP: This Price Signal Is Crucial

The price of XRP is currently at $1.66, indicating an impressive rally. In accordance with Elliott Wave Theory, XRP might be about to enter the pivotal third wave of its price movement, which is frequently regarded as the strongest and longest wave in an upward trend.

Neutral
cover-imageCoinPedia
November 29, 2024

Ethereum Foundation Bets Big on zkVMs Amid Market Concerns

The Ethereum Foundation is preparing to invest tens of millions into zkVMs (Zero Knowledge Virtual Machines). The development has been revealed by Justin Drake, who is a researcher at the organisation. In a separate development, yesterday, Ethereum co-founder Jeffrey Wilcke moved over 20,000 ETH to Kraken, triggering concerns across the cryptocurrency market.

Neutral
cover-imageUToday
November 29, 2024

Can 76 Trillion SHIB Save Shiba Inu From Crash?

On-chain data indicates intriguing dynamics that may determine Shiba Inu's future course, indicating that the species is at a turning point. The data indicates that addresses holding positions within a narrow price range account for about 76 trillion SHIB.

Positive
cover-imageCrypto Economy
November 29, 2024

Ripple (XRP) Surges 15% in 24 Hours! Here are the Reasons

TL;DR Ripple's XRP surged over 10%, reaching a six-year high of $1.67, decoupling from Bitcoin's modest 0.40% increase. Optimism around U.S. regulatory changes and potential XRP ETF approvals has boosted investor confidence and trading activity. Increased trading volume and institutional interest position XRP for continued growth, with analysts predicting a potential target of $2 soon.

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