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As the crypto market steadies, major players are honing in on potential breakout coins. These digital assets are catching the attention of large investors known as "whales." This article explores the top coins poised for significant growth, based on the trends and moves in the market. Readers will discover which cryptocurrencies are primed for a surge. SUI Volatility: Short-Term Dip Amid Strong Half-Year Growth SUI saw a sharp decline over the past month with a 32.84% drop, while over the last six months it soared by 122.95%. Price swings imply a volatile course, reflecting a period of short-term weakness alongside a strong long-term rally. Recent performance highlights significant disparity between immediate negative momentum and extended growth. Trading now occurs between $2.11 and $3.83, with nearby resistance at $4.83 and solid support at $1.40. Bearish signals persist as momentum and oscillators lean negative, with a 42.26 RSI that does not signal strong buying pressure. Watching the support area and potential breakout above resistance could drive trading decisions as the market seeks a clearer trend. Avalanche Facing Key Levels Amid Recent Downturn Avalanche experienced a nearly 29% drop over the past month and about a 21% decline over the last six months. A one-week decrease of roughly 6% added to the downward momentum. Price moves have been choppy, indicating persistent weakness without any sudden recovery. Indicators have reflected negative momentum, pointing to continued bearish pressure. Current prices are trading between approximately $17 and $32, with a resistance level at $41 and a second barrier near $56. Bears seem to dominate, although the lack of a clear trend could allow for a bounce if buyers engage near the support at $11. Traders might consider strategies to capitalize on potential movements within these key levels. Stacks Shows Significant Declines in Recent Months Stacks dropped nearly 34% over the last month and faced a decline of almost 58% in the past six months. Weekly losses of about 8% highlight the ongoing downward trend. The price has oscillated within a narrow range from $0.58 to $1.21 during this time. Momentum and oscillator readings confirm sustained bearish activity, indicating ongoing pressure in recent periods. Current prices trade between $0.58 and $1.21 with immediate support near $0.32 and resistance around $1.60. Bearish forces currently dominate, with no clear upward trend in sight. Traders may consider buying near the support level while looking to short near the resistance, exercising caution in a market characterized by limited price movement. Arbitrum ARB: Bearish Retracement with Key Levels to Watch ARB prices dropped 26% in one month and fell nearly 29% over the last six months. The coin traded within a range of $0.297 to $0.599, demonstrating a consistent decline that signals fading buyer interest and increasing selling pressure. The current price is set between $0.297 and $0.599, with clear support at $0.17 and resistance near $0.78, followed by a second resistance at $1.08. Negative indicators and waning momentum show a market led by bears with no clear trend. Traders might consider waiting for a bounce at support before testing the resistance level for any signs of reversal. Conclusion SUI , AVAX , STX , and ARB have emerged as strong candidates favored by large investors. These coins are gaining attention due to their innovative features and potential for growth. As the market steadies, these coins may offer significant returns. Investors are watching them closely, reflecting a belief in their future performance. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
XRP Price Watch: Bulls Eye $3.00 as Key Support Holds
XRP is currently trading at $2.40, with a market capitalization of $140 billion, a 24-hour trade volume of $2.95 billion, and an intraday price range of $2.34 to $2.47, as technical indicators suggest key support and resistance levels that could determine its next move. XRP The 1-hour XRP/USDC chart shows a gradual uptrend since March Bitzo
Shiba Inu (SHIB) Team Addresses Concerns About Kusama’s Silence
The Shiba Inu community has raised concerns about the recent absence of Shytoshi Kusama, the project’s lead developer, from social media. This comes at a time when the token is struggling to maintain key price levels amid broader market volatility. With growing speculation, Lucie, the marketing lead for the ecosystem, has addressed these concerns, reassuring supporters that Kusama’s absence is intentional and aligned with his stated plans. Kusama’s Declining Activity on Social Media Shytoshi Kusama has been noticeably inactive on social media over the past week, a shift from his usual engagement earlier this year. His last direct post on X was on February 21, when he announced enhancements to liquidity pools on ShibaSwap . Since then, his presence has been limited to occasional retweets, with the most recent one from March 7, highlighting a post by Shiba Inu’s partner, Astra Nova. This prolonged inactivity has led to speculation within the community, with some users questioning his whereabouts and others fueling unfounded rumors. Critics have attempted to use his silence to cast doubt on his role within the ecosystem. Lucie Reaffirms Kusama’s Focus on Expanding Shiba Inu In response to concerns, Lucie clarified that Kusama’s reduced social media activity is not cause for alarm. She emphasized that his absence aligns with a strategy he previously communicated, suggesting that he is dedicating more time to expanding Shiba Inu’s global reach. Lucie implied that while Kusama may not be as visible online, he is likely engaged in offline efforts, such as strategic meetings and partnerships aimed at increasing the project’s prominence. She reassured the community that he would eventually return to social media to share updates on his ongoing work. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Not an Uncommon Occurrence Kusama’s limited online presence is not unprecedented. In the past, he has taken similar breaks from social media to focus on other commitments. For instance, in May 2024, he revealed that he had traveled to the Middle East to visit family. However, with SHIB facing challenges in maintaining its position in the market and competition increasing among meme coins, some investors remain cautious. Despite these occasional absences, Kusama has built a reputation as a dedicated figure within the ecosystem. Last year, he shared insights into his work ethic, stating that he sometimes works up to 20 hours a day to advance the project. Even during the holiday season, when most people take time off, he remained active in developing initiatives aimed at strengthening SHIB’s position in the market. As speculation continues, Lucie’s reassurance highlights that Kusama’s current focus remains on the long-term growth of Shiba Inu, with expectations that he will provide further updates once his offline efforts yield tangible results. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Shiba Inu (SHIB) Team Addresses Concerns About Kusama’s Silence appeared first on Times Tabloid . Bitzo
