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As the cryptocurrency market enters the month of August, the sector seems to be displaying a healing stance. With Bitcoin hitting the $70K mark again, the altcoins are also responding well to the change. Two leading cryptocurrency tokens, XRP (Ripple) and Binance Coin (BNB), are also adopting a compelling price path this August. Let’s explore how high or low these coins can trade this month. Also Read: Cardano’s Founder Shares Reason Why ADA Could Surpass Bitcoin Soon Ripple - xrp -and-binance-coin- BNB -prediction-august-2024"> Ripple (XRP) and Binance Coin ( BNB ) Prediction, August 2024 Source: Money & Markets Ripple - xrp -august-price-path"> Ripple XRP August Price Path Ripple (XRP) crypto is also trending lately, with Ripple busy forging global collaborations. With the US SEC case inching towards its end, the final verdict is dubbed the last straw that can either make or break the XRP token. For August 2024, Ripple (XRP) is currently trading at $0.6414, wi...

Bitcoin (BTC) is facing an uphill battle to maintain its price above the $66,000 support area, but an analyst has identified a new path to an all-time high. Particularly, in an X post on July 31, the analyst with the pseudonym Mags highlighted that Bitcoin is currently trading within a descending broadening wedge pattern, a technical formation often indicative of a significant upcoming price movement. Bitcoin’s price has been consolidating near the upper resistance line of this wedge pattern, suggesting a critical juncture. The expert highlighted this consolidation phase as a possible breakout leading to a substantial upside rally. Picks for you Analyst eyes XRP price at $0.90 by year-end if it breaks this pattern 4 mins ago Andrew Ta...

The Bank of England (BoE) has unveiled a new Discussion Paper detailing its approach to advancing the UK’s payment systems amidst rapid technological changes. The paper, released on 30 July 2024, outlines the central bank’s strategy for integrating innovative technologies while ensuring financial stability and promoting economic growth. Deputy Governor Sarah Breeden has written in the@FT as we publish a Discussion Paper on the@bankofengland's approach to innovation in money and payments. The UK must continue to innovate in digital payments https://t.co/AFGBO5BIch — Bank of England Press Office (@BoE_PressOffice) July 30, 2024 Key Areas of Focus in the Discussion Paper The Discussion Paper highlights several critical areas for development: Preservation of Central Bank Money : One major concern is the risk associated with the financial market’s shift away from using central bank money. The BoE aims to maintain central bank money as a corner...

After maintaining stable levels around $0.000018 for weeks, Shiba Inu has recently experienced rapid declines with several significant dips. Similarly, Pepe has dropped below the $0.0000012 level, though many market participants believe it still has the potential to surge further. However, the meme coin crypto era is far from over – Shiba Shootout ($SHIBASHOOT) is now gaining attention in the community with its exciting and innovative presale. This new play-to-earn game set in the crypto Wild West brings a unique twist to meme coins, combining meme crypto culture with Wild West themes. Let’s check out the details and see what causes the hype! >>>Buy Shiba Shootout Now<<< Shiba Inu and Pepe Face Challenges – Investors Turn to New Meme Coin ICO to Recoup Gains Shiba Inu has faced solid setbacks recently. It...

Over the weekend, Dogecoin (DOGE) soared 11% after the general market performance. The price surge led the dog-themed token to retest key resistance levels, which fueled a bullish prediction by crypto analysts. Investors also shared a positive sentiment following Elon Musk’s recent comments regarding cryptocurrencies and the largest memecoin by market capitalization. Related Reading Bitcoin On Fire: 20% Surge In 3 Weeks Teases Record-Breaking Potential 13 hours ago Dogecoin Attempts To Break Above Key Level During the past week, market watchers have revealed their bullish predictions for the largest memecoin by market cap. Daan Crypto Trades revealed that DOGE was “showing some strength” after trading above the daily 200 MA/EMA last week and testing a multi-month diagonal trendline. DOGE attempted to break out of the downtrend line again...

After hitting an all-time high of $73,400 in March 2024, the Bitcoin price has since retraced, remaining below its all-time high for the last four months. Nevertheless, expectations remain high that the Bitcoin price will eventually recover and hit a new all-time high, with crypto analyst “Melikatrader94” on TradingView predicting another run to $77,600. Bitcoin Turns Bullish On The Charts In the Analysis that was shared on the TradingView website, crypto analyst Melikeatrader94 revealed her thesis for why the Bitcoin price could be headed to a new all-time high. The major reason behind the prediction is bullish chart patterns. Related Reading Cardano Recovery Imminent? Whales Make Their Move With 17 Billion ADA 1 day ago The crypto analyst pointed out that the Bitcoin price had successfully broken out of a descending trend line. This i...

XRP price is attempting a fresh increase above the $0.600 zone. The price could gain bullish momentum if it clears the $0.6200 resistance level. XRP price is showing positive signs from the $0.600 support zone. The price is now trading above $0.6050 and the 100-hourly Simple Moving Average. There was a break above a key contracting triangle with resistance at $0.6050 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if it stays above the $0.5940 support zone. XRP Price Eyes Could Gather Pace Toward $0.650 XRP price remained stable above the $0.5920 support zone. A base was formed, and the price recently started an upward move above $0.600. There was a clear move above the $0.6020 resistance zone, but it lagged momentum like Bitcoin and Ethereum. There was a break above a key contracting triangle with resistance at $0.6050 on the hourly chart of the XRP/USD pair. The pair is now testing the 50% Fib retracem...

Dogecoin’s current market performance suggests potential growth as it remains above key resistance levels, indicating a bullish trend. Dogecoin Key Statistics Current Price: $0.1351 Market Cap: $19.62 billion Circulating Supply: 145.29 billion DOGE Total Supply: 145.29 billion DOGE CoinMarketCap Ranking: #8 As of the press time, DOGE/USD price stands at $0.1350, reflecting a 4.05% increase in the past 24 hours. Dogecoin opened today at $0.1339, marking a 0.77% rise from the opening price. After a brief dip to $0.1330, the price is making an upward move. Over the last 30 and 7 days, Dogecoin’s price has decreased by 5.33% from its peak. However, it has surged by 43.97% and 14.58% from the minimum prices recorded in the same periods, respectively. DOGE/USD Market Resistance Levels: $0.14, $0.15, $0.16 Support Levels: $0.12, $0.11, $0.10 A detailed Analysis of the daily chart reveals that Dogecoin’s upper Bollinger Band is at $0.14424, the middle band a...

Ripple (XRP) keeps making news in the crypto market as its legal fight with the SEC goes on. Recent talk about a possible deal has sparked new interest in XRP’s future. With the current price at $0.599756 and a positive outlook, investors want to know what this ongoing story means. Also Read: Ripple CEO Says SEC Lawsuit to End ‘Soon’ as XRP Surges Ripple VS SEC: Expert Analysis and Future Price Predictions The Showdown Debate Brad Garlinghouse, Ripple’s CEO, recently hinted at a big change in the ongoing legal clash with the SEC. He suggested that a “showdown” might be coming, causing buzz about a possible deal or major outcome. Ripple CEO: SEC Showdown Next Week! Brad Garlinghouse, Ripple’s top dog, is dropping hints about a big win against the SEC after their closed-door meeting next week. This legal battle's been dragging for years, but Garlinghouse is all vibes about a settlement on July 25. The… pic.twitter.com/Uha6j6dxNY — Mario Nawfal’s Roundtable (@...

American investment management firm VanEck has set an astonishing price target for Bitcoin (BTC), the world’s largest cryptocurrency. This forecast, which seems almost inconceivably high compared to most market predictions , has garnered significant attention. Despite the ambitious forecast, VanEck’s research team has presented a comprehensive rationale explaining why they believe such a substantial price increase is attainable.    VanEck Predicts Bitcoin Valuation For 2050 On July 24, VanEck published a report , outlining the teams’ assumptions for a bull scenario in which BTC could potentially rise to $52.38 million by 2050. Notably, the research team predicted Bitcoin’s future price based on three scenarios during a Base, Bear and Bull market.  Related Reading Ethereum Whales Rapidly Accumulate ETH Amid Price Decline 20 hours ago ...

A trending new crypto that’s making headlines in the crypto community is WienerAI ($WAI). It combines the fun of memes with artificial intelligence (AI). This idea has gained a lot of investor interest, making it one of the most talked-about meme cryptos of the year. The WienerAI presale has already raised over $7 million and is now its last few days. Early buyers still have a chance to buy the $WAI tokens at a discount before the token’s DEX listing next month. A Meme Token Powered by Practical AI Tools WienerAI is one of the hottest new coins that’s trying to redefine how meme coins work. Unlike typical meme coins, it combines the power of AI technology with a funny sausage dog theme. The platform’s main feature is its easy-to-use AI trading bot. This bot will help both new and experienced crypto traders find high-pot...