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Shiba Inu Trader Says These Ethereum Altcoins Are Forming a Daily Bull Flag, What Happened Last Time?
A prominent Shiba Inu trader has identified bullish patterns, known as daily bull flags, forming in certain Ethereum altcoins. This technical indicator suggests a potential upward movement in these assets, reminiscent of a similar setup that previously led to significant price increases. As traders and investors take note of these patterns, the focus shifts to RCO Finance (RCOF) and whether history will repeat itself with this ETH token. This analysis could provide valuable insights for those looking to capitalize on potential market movements in the Ethereum ecosystem. RCO Finance: Decentralized Finance for Everyone Among these Ethereum altcoins, RCO Finance (RCOF)...
Fundstrat’s Tom Lee Predicts Bitcoin Bull Market Surge Due to Supply Shock
Tom Lee, CIO of Fundstrat Capital, a financial research firm, has predicted that the bitcoin bull market will continue in December and announced that the first cryptocurrency will reach “well over $100,000” by year-end. Tom Lee Forecasts Bitcoin Reaching $100,000 By Year’s End in All-Asset-Encompassing Bull Market The bull market predictions for bitcoin prices keep coming. Tom Lee, CIO of Fundstrat Capital, described by some as a bitcoin permabull, predicted that the ongoing crypto bull market would accelerate its rhythm in the last four weeks of 2024. In a recent interview on CNBC’s Squawk Box, Lee stated that the demand...
POLKADOT PRICE ANALYSIS & PREDICTION (November 17) – DOT Resumes Buying Pressure After Short Pullback, Where Next?
While some altcoins are still finding solid ground amid this week’s drops, DOT located support and bounced back after a short pullback. It appears bullish on the day following a 10% gain in the past hours. Earlier this month, DOT traded as low as $3.66 after extending bearishly in the past month. But as it stands, this low seems to mark the bottom of the mid-term correction following the latest positive surge across the crypto space. As shown on the daily chart, the overall market outlook is gradually changing to the upside as the bulls took control of the market...
