Would Spot BTC ETF be approved by the SEC?
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By CryptoSaint · Posted
Shiba Inu (SHIB), a meme coin that's been a hot topic in the crypto world, has hit a snag in its recent comeback attempt. The price has been struggling to surpass the $0.000025 resistance level, leaving investors wondering what's next for the Shiba Inu coin price prediction. A Bumpy Road for SHIB's Climb After a volatile period, SHIB initially showed signs of recovery, embarking on an upward trend. However, this momentum fizzled out as the price couldn't maintain its rise above $0.000025. This leaves investors questioning the coin's future trajectory. Challenges in a Shifting Market Despite a strong community and widespread popularity, SHIB faces difficulties sustaining its price momentum in a constantly fluctuating market. As the cryptocurrency landscape evolves, investors are increasingly drawn to projects with innovative features and real-world applications. Market Sentiment vs. Long-Term Growth The unpredictable nature of the crypto market poses challenges for even established tokens like Shiba Inu. Maintaining price increases amidst ever-changing market conditions is difficult, even with a passionate SHIB community behind it. SHIB's reliance on market sentiment and hype means it might experience short-term gains fueled by community support. However, for long-term growth, the project needs to develop more sustainable foundations and offer unique solutions. Will SHIB manage to break through the resistance and continue its climb? Stay tuned to see how the shiba inu coin price prediction unfolds! -
$LIFEFORM is a project that has been on my watchlist. Its intersection as the gateway between web2 and web3 makes it such a top project poised to make significant increase in the coming bullrun
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By tradinglounge · Posted
ASX: NEWMONT CORPORATION - NEM Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart) Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with NEWMONT CORPORATION - NEM. We have determined that NEM is likely to continue to rise even higher with wave (v)-purple. ASX: NEWMONT CORPORATION - NEM Elliott Wave Technical Analysis ASX: NEWMONT CORPORATION - NEM 1D Chart (Semilog Scale) Analysis Function: Major trend (Minute degree, green) Mode: Motive Structure: Impulse Position: Wave iii-blue of Wave (v)-purple Details: The short-term outlook indicates that wave (iv)-purple has ended sooner than expected, and wave (v)-purple is unfolding to push higher. Now, waves i and ii-blue have just completed, and wave iii-blue is unfolding to push higher, targeting 69.81. It is essential for the price to remain above 63.66 to maintain this outlook. Invalidation point: 63.66 ASX: NEWMONT CORPORATION - NEM Elliott Wave Technical Analysis TradingLounge (4-Hour Chart) ASX: NEWMONT CORPORATION - NEM Elliott Wave Technical Analysis ASX: NEWMONT CORPORATION - NEM 4-Hour Chart Analysis Function: Major trend (Minute degree, green) Mode: Motive Structure: Impulse Position: Wave ((1))-red of Wave iii-blue of Wave (v)-purple of Wave ((iii))-green Details: An even shorter-term outlook shows that wave (v)-purple is unfolding to push higher. It is subdividing into waves i and ii-blue, which have just completed. Now, wave iii-blue is beginning to unfold to push higher. This wave iii-blue is subdividing into wave ((1))-red, and wave ((2))-red might unfold next, setting the stage for wave ((3))-red to continue pushing higher, targeting 69.81 - 70.00. Invalidation point: 63.66 Conclusion: Our analysis, forecast of contextual trends, and short-term outlook for ASX: NEWMONT CORPORATION - NEM aim to provide readers with insights into the current market trends and how to capitalize on them effectively. We offer specific price points that act as validation or invalidation signals for our wave count, enhancing the confidence in our perspective. By combining these factors, we strive to offer readers the most objective and professional perspective on market trends. Technical Analyst: Hua (Shane) Cuong, CEWA-M (Master’s Designation). Source : Tradinglounge.com get trial here!
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