Posts

Showing posts with the label surge

Chainlink LINK Price Prediction: Surge Incoming After Turkey Deal?

The Chainlink platform has inked a new deal with Turkish bank Misyon to bring on-chain data feeds and further tokenization to the bank. The deal has sparked optimism in the market, especially around the Chainlink LINK cryptocurrency. Currently trading below $17, LINK has slumped in the past week, down over 5%. The asset saw a slight spike upwards after the announcement to $18, but was met with resistance. Could the new Turkey deal send Chainlink back up? Many analysts are eyeing a potential LINK surge to $52 as real-world asset tokenization picks up steam throughout 2025. The asset has climbed over 20% in the last 30 days, driven by rising institutional interest and key bullish patterns on the price charts. A crypto analyst on X Ali Charts recently discussed LINK’s potential this August, revealing that the previous $28 forecast for July could come true. “Chainlink LINK looks to be in the middle of a bullish retest at the breakout zone,” the analyst wrote on a post to X. “This setup co...

Chainlink: Can LINK Hit $19 Before The Summer Kicks Off?

Image
There is no denying that the cryptocurrency market has been increasingly volatile throughout the first few months of the year. Yet, with Bitcoin turning things around in a big way, there is hope for emering. That being said, can Chainlink (LINK) reach a $19 price point before Memorial Day kicks off the official start to summer? The week has seen Bitcoin reach a new all-time high of $111,000 in a record-setting surge. That could be an indication of what investors are likely to see take place in the coming weeks. Moreover, Chainlink may be set to be an asset that gets a major boost from the shift. Source: Binance Academy Also Read: Chainlink Doubles Investor’s Money: Should You Invest in LINK Now? Chainlink to $19? Here’s What to Expect From LINK to May End Chainlink has been at the center of some incredible developments in the digital asset sector this year. Indeed, it was a key part of JPMorgan’s groundbreaking inaugural public tokenized transaction. Both the network and Ond...

Litecoin: Can LTC Claim $250 In March 2025?

Image
Litecoin (LTC) made a big comeback in 2024. With rumors about an LTC exchange-traded fund (ETF) garnering approval surfacing, the bearish momentum from last year was carried into 2025 as well. Throughout the past 12 months, the altcoin has recorded a massive surge of 76.53%. The asset went from trading at a low of $50.43 all the way to a high of $146.61. While the community assumed that LTC would claim $200, the asset was moving slower than expected. Also Read: US and Ukraine Strike Mineral Deal—A Game-Changer for Energy Supply Chains Litecoin’s Meteoric Rise Source: Webopedia Litecoin emerged as the top performer of the day, with a massive surge of 10.38% over the past 24 hours. The altcoin was priced at a low of $109.31 just earlier today. But soon, LTC jumped to a high of $127.07. At the time of writing, the altcoin was trading at $123.39. Source: CoinMarketCap Also Read: Top 3 Cryptocurrencies To Buy If You Like Shiba Inu Several factors have fueled the growth of LTC. The like...

Litecoin (LTC) Transactions Surge 200%, Is a Major Rally to $200

Image
Litecoin (LTC) has emerged as the talk of the town. The increased interest around a potential Litecoin exchange-traded fund (ETF) has put the altcoin under the spotlight. Over the past couple of months, the activity in the LTC network was seen soaring. Data from Santiment reveals the rise in market capitalization and transaction volume that has recorded a massive uptick. But the real question is if the price will follow suit. Also Read: VeChain: Analyst Predicts VET Could Rally 23%, Hit $0.039 Network Activity Records Major Uptick Source: The Coin Republic In a recent post, Santiment revealed that Litecoin’s market capitalization climbed by 46%. This was between February 2 and February 19, indicating heightened investor interest. Currently, the asset’s market cap stands at $10.13 billion. Santiment linked this growth to Litecoin’s rising network utility. Looking back at August 2024, LTC’s daily transaction volume was at $2.8 billion. After a 243% uptick, the netw...

Is It Too Late To Buy STRK? Strike Price Surges 158% And This Might Be The Next Crypto To Explode

Image
The Strike price surged 158% in the last 24 hours to trade at $19.7 as of 2.30 a.m. EST on trading volume that skyrocketed 77,152% to $2.01 billion. Strike, or Strike Finance as it is also called, saw its price skyrocket yesterday after trading sideways since the beginning of the year. In fact, the project has seen very little activity since November 2024, when it surged past $10. Before that, it fluctuated between $4.8 and $7 for the better part of the year. The price surge took STRK from $6.1121 to $23.77 before seeing a rejection, which caused it to drop back down to its current value. The increase seemingly came with no warning, and it caused the coin to start trading against the market, as Bitcoin’s further descent led many altcoins to drop alongside the world’s oldest cryptocurrency. However, STRK decoupled from the rest of them, and Bitcoin itself, skyrocketing upwards, instead. Strike Price Prediction So, while the token did blow up in the last 24 hours, traders...

TORN Surges 418% As Federal Court Rules US Sanctions Against Tornado Cash Must Be Abandoned

Image
The TORN price surged over 418% in the last 24 hours after a federal court ruled yesterday that US sanctions against Tornado Cash must be abandoned.  TORN managed to break above $40 after the ruling, but has since pared gains to trade at $15.56 as of 2:39 a.m. EST, still up 337% from a day earlier. Along with the surge in price, the altcoin’s trading volumes also underwent a parabolic increase of 15,683%. Tornado Cash Contracts Can’t Be Considered Property, Says Federal Court Tornado Cash’s immutable smart contracts (the lines of privacy-enabling software code) are not the ‘property’ of a foreign national or entity,” according to the Nov. 26 ruling from the US Court of Appeals for the 5th Circuit.  The US Treasury’s Office of Foreign Assets Control (OFAC) therefore “overstepped its congressionally defined authority” when it blocked access to the smart contracts under the International Emergency Economic Powers Act, t...

Meta: Can META Stock Carry Its 50% Surge into 2025?

Image
With the company cementing its status as a top Wall Street investment, many have pondered if Meta (META) can continue this year’s 50% surge and translate it into similar gains entering 2025. Although the company is facing a plethora of questions, it is still set up to be a big winner when the calendar turns. This week, the US announced that a Federal Trade Commission (FTC) antitrust suit against the firm is set to go to trial. Moreover, the company had just been slapped with an $840 million fine from the European Union (EU) regarding its competitive practices. With just two months until 2024 in the history books, could these developments force it to have a slow start to the coming year? Source: CNBC Also Read: META is Up 350% Since 2022 as it Takes on AI Tech Titans Meta 2025 Outlook: Is the Stock Set to Continue This Year’s Performance? There is no denying that Meta (META) has continued to establish itself atop the tech sector. One of the Magnificent Seven, the company has ...

Ripple: Analyst Predicts XRP To Hit $2

Image
Ripple’s XRP token has finally overcome the $0.60 level, a barrier the asset had struggled to break for most of this year. XRP is up 7.1% in the daily charts, 27.9% in the weekly charts, 37.4% in the 14-day charts, and 30.4% over the previous month. The asset’s price has also risen by 7.2% since November 2023. Also Read: BlackRock’s BUIDL Expands: Blockchain Revolution in Full Swing Source: CoinGecko Why Is XRP Rallying? Ripple’s XRP token’s latest rally follows on the heels of Bitcoin (BTC) hitting a new all-time high of $93,477.11 on Nov. 13, 2024. The market-wide rally is likely due to Donald Trump winning the 2024 US Presidential election. Market participants expect lenient crypto regulations under Trump’s administration due to hit pro-crypto and pro-business policies. Also Read: Currency: US Dollar Hits One-year High Another factor that may have helped XRP’s price is the possibility of an interest rate cut later this month. Experts anticipate a 2...

MicroStrategy Stock Hits Highest Level Since March, Bernstein Predicts Further 51% Surge

Image
MicroStrategy (MSTR) shares soared to their highest level since March on Oct. 8, and Bernstein estimates there’s still another 51% upside potential. Despite Bitcoin’s recent dip, MicroStrategy’s stock has defied the trend, outperforming both the broader market and Bitcoin itself. The MSTR price rose 3.3% yesterday to $192.20, has surged almost 20% in the past week, and almost 54% over the past month. Bernstein analysts believe the outperformance with Bitcoin can continue, and project a potential rise to $290, driven by the company’s substantial Bitcoin holdings and long-term optimism for the crypto market. MicroStrategy Stock Rises While Bitcoin Falls Being the largest corporate holder of BTC, MicroStrategy’s share price often echoes the movements of the pioneering crypto. However, the recent increase in MSTR’s price has deviated from this trend. While the S&P 500 dropped 1% on Monday, BTC also saw its price slide from $64K to $62.8K within a...

Bitcoin: Will Breaching $63,000 Lead To Next Surge?

Bitcoin is currently trading at $62,255.65, up 2% in the past week. The BTC market fell prey to volatility ahead of this past weekend, but the asset has gained slightly since the start of the week. Analysts are predicting what price point could be the level that separates current prices from a boom. It’s suggested that $63,000 could be the next support level, which means higher highs incoming for the king coin. Bitcoin recently surged during the weekly open, creating two major long liquidation levels due to high leverage. These levels aligned perfectly with last week’s equilibrium (pwEQ). Bitcoin faced resistance as the bid-ask ratio tilted heavily toward the ask side. This led to a retracement, bringing BTC back to critical levels. However, this made the liquidation points and pwEQ key areas for potential price bounces. The bid-ask ratio is now showing a shift toward demand, with more bids appearing within 2% of the current price. This data reveals that entry levels around $62K ...

Is It Too Late To Buy OG? OG Fan Token Price Skyrockets 84% And This Might Be The Next Crypto To Explode

Image
The OG Fan Token price soared 84% in the last 24 hours to trade at $10.29 as of 03:39 a.m. EST on trading volume that skyrocketed 900% to $409 million. OG Fan Token Price Could Still Surge The OG Fan Token price has been on a steady rise in the last two weeks. However, after hitting the $7.0 support, the price soared massively to the $12.70 resistance, then went on consolidation, according to data from GeckoTerminal . OG price now trades above the 50-day Simple Moving Average (SMA), confirming the upward trend. Moreover, the Moving Average Convergence Divergence (MACD) is trading above the neutral line, which indicates that the OG Fan Token price is currently in positive momentum. If this momentum continues, the OG Fan Token price could soar even higher, as the bulls propel the price through the projected 36% to $14.4. Meanwhile, the Relative Strength Index (RSI) seems to be moving down from the 70-overbought region, currently at 62 and moving downwards. This may be an indicatio...