Crypto Push

2023-12-21 17:00:20 Here’s Cardano’s prediction as price nears this support zone

The 23.6% extension and beyond have been important
On the 16th of November, ADA reached the 23.6% extension level before facing rejection. It eventually breached this level on the 5th of December, and has noted rapid gains since then.

The liquidity pools to the north could be swept
The liquidation levels heatmap and found that the $0.54 level was a strong candidate for a bullish reversal. However, whether prices would go further south from here was unclear. Open / Comment

2023-12-18 14:01:07 Bitcoin, Ethereum lose over the weekend: What’s next?

Trading activity declines
Bitcoin has led the broader market rally over the last two months, driven by enthusiasm over the approval of spot ETF applications in the U.S. market.

Derivatives market also go quiet
Speculative interest in the king coin also started fading as the year drew to a close. The Open Interest (OI) in BTC futures dropped more than 9% from last week to $16.95 billion at press time, AMBCrypto observed using Coinglass data.

As we approach the holiday season, we can expect some dip in trading activity due to which the market may remain at current levels. The Bitcoin ETF approval clock is ticking and we can expect a crypto super cycle in 2024 once the final approval is achieved. Open / Comment

2023-12-15 16:00:21 Should Blur investors be concerned about the dip in prices?

BLUR’s NFT space is booming
CryptoDep, a popular X (formerly known as Twitter), recently posted a tweet highlighting one of Blur’s recent achievements.

Blur investors are bearing losses
While the marketplace continued to reach new highs in the NFT ecosystem, the native token took a blow in the recent past as its price dropped. Open / Comment

2023-12-15 13:30:00 Officially: Bitcoin broke +142% in the year chart

How to make money on this before the New Year???

- Option 1: Invest and wait for further growth and risk.
- Option 2: Earn extra 10% doing nothing.

AI blogger knows how to get an additional 10% on a Bitcoin deposit without any conditions!

Join Anna Hodler and get a secret recommendation for FREE! Open / Comment

2023-12-12 16:00:58 Of SHIB’s surging burn rate and BONE’s role in it all

Shiba Inu’s Shibarium propels SHIB burn
Shibarium has experienced a remarkable development in the past few days, marked by a surge in transactions on the Shiba Inu platform.

Shiba Inu’s burn rate goes off the roof
According to data from Shibburn, there has been a substantial surge in Shiba Inu’s burn rate within the last 24 hours. Over 8.3 billion SHIB tokens have been burned during this period, representing an impressive 1548111.1% increase in the burn rate.

How Shiba Inu has trended in the last 24 hours
AMBCrypto’s examination of the daily timeframe chart for SHIB showed its alignment with the broader market trend. The chart illustrated a cessation of its recent upward trajectory in the ongoing trading session.

Analyzing BONE’s trend
BONE has played a pivotal role in initiating the anticipated SHIB burn. An analysis of the daily timeframe chart revealed that BONE experienced an upward price trend in the past few days. Open / Comment

2023-12-09 16:01:52 Ethereum spot ETF race heats up: This cohort takes an interest

Institutional inflows into ETH jumps
These recent developments spiked institutional interest in ETH, which until very recently, was failing to attract substantial inflows when compared to Bitcoin.

FOMO grips the ETH market
As of this writing, ETH was exchanging hands at $2,214.48, up nearly 10% over the last week. The market sentiment was leaning towards greed according to AMBCrypto’s analysis of Hyblock Capital’s data. Open / Comment

2023-12-06 16:00:30 Bitcoin Surge Blasts $170M in Bearish Shorts as BTC Price Targets $48K

Bitcoin’s ever-growing prices are leaving at least one group startled by the rapid bumps: Those placing highly leveraged short futures bets aimed at profiting from potential price reversal.

Large liquidations can signal the local top or bottom of a steep price move, which may allow traders to position themselves accordingly.

The staging for this rally already started in the week beginning 10/23 when BTC managed to overcome the iron-beam resistance in the $30k area,” shared Julius de Kempenaer, senior technical analyst at StockCharts. “On the weekly chart, the next expected level of resistance is around $48k, the peak set at the end of March 2022. Open / Comment

2023-12-03 20:00:20 ChatGPT thinks $8 is a realistic target for XRP in 2024

SEC-Ripple saga: How it began
Ripple has been at loggerheads with the U.S. Securities and Exchange Commission (SEC) for years now.

Court delivers a partial judgment
In July 2023, the judge ruled that the sale of XRP tokens to retail investors over exchanges and through programmatic sales did not constitute investment contracts; hence, it was not a security in this case.

The Court will seek to schedule a jury trial for the second calendar quarter of 2024.

ChatGPT deciphers some fundamental questions
Note that ChatGPT has limited access to information until 2021 only. That makes it difficult to pull data beyond 2021, let alone make future predictions—something that OpenAI’s policy firmly prohibits.

ChatGPT predicts the price of XRP
We asked ChatGPT to predict the price of XRP towards the end of the year. Open / Comment

2023-11-30 12:01:42 Will Blur prices take a U-turn after this development

Blur gets a new pair
Binance revealed Blur’s listing slightly over a week ago. On 29th November, the exchange made an additional announcement, specifying that the token would now be paired with a new stablecoin, FDUSD.

Did BLUR react?
Despite the latest announcement from Binance, Blur displayed no notable reaction on the daily timeframe chart.

How the exchange flow has trended
An examination of Blur exchange flows reveals a recent stabilization in both inflow and outflow over the past few days. Following the announcement of the airdrop, there was a surge in exchange activity, reaching levels unprecedented in months. Open / Comment

2023-11-27 18:00:18 Of Blur, Lido, and the ripple effects of Blast

It’s all a BLUR
Heading the project is PacmanBlur, co-founder of the popular NFT marketplace Blur [BLUR]. Blast’s appeal is further amplified by the backing it has received from crypto investment firm Paradigm.

A paradigm shift
In his tweet, Robinson said that Paradigm disagreed with the decision to launch the bridge before the L2 and the three-month withdrawal restriction. They believed that these actions set a negative precedent for Blast.

Impact on BLUR and LDO
Despite the interest shown by whales, the price of BLUR fell materially. At press time, it was trading at $0.528972 and had fallen by 13.14% in the last 24 hours. Only time will tell whether BLUR’s price will decline further, or if this is just a momentary bump in the road. Open / Comment