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Cryptocurrency News Articles

Shiba Inu Price Analysis: Will Recovery Be Possible?

Mar 05, 2025 at 06:00 am

A bearish trend continues to dominate Shiba Inu price analysis as the asset faces its first significant death cross of 2025.

Shiba Inu Price Analysis: Will Recovery Be Possible?

Crypto traders are keeping a close watch on market shifts, with Shiba Inu price analysis suggesting a bearish phase due to a recent death cross, raising doubts about an imminent recovery.

This has also sparked discussion about the latest Litecoin price forecast, which predicts a possible 75% upswing driven by institutional interest and optimism surrounding a spot ETF.

In other news, BlockDAG is securing its place as a top trending crypto, with expectations running high for Keynote 3. As March approaches, the project’s presale continues, having already achieved an outstanding feat by raising $200.5 million and offering early backers a remarkable 2,380% return so far.

Shiba Inu Price Analysis: Will Recovery Be Possible?

A bearish trend continues to unfold in Shiba Inu price analysis as the asset faces its first significant death cross of 2025. The price has dropped to $0.0248, showing a nearly 7% decline over the week. Historical data reveals that when the 50-day moving average falls below the 200-day moving average, additional downward pressure tends to follow.

However, market participants remain cautious, as similar technical patterns in the past have resulted in prolonged consolidation periods before the price trends lower.

Shiba Inu price analysis also takes macroeconomic concerns into account, including interest rate fluctuations that can affect speculative assets. If bullish momentum returns and manages to reclaim the $0.000019 level, a turnaround might be possible. But for now, sellers are clearly in control of the market activity.

Litecoin Price Forecast: Can LTC Rally by 75%?

Predictions for Litecoin price forecast suggest a potential 75% rally, mainly fueled by discussions around a spot Litecoin ETF.

Those observing the Litecoin price forecast highlight growing interest from institutional entities, with firms like Grayscale and CoinShares actively pursuing regulatory approval for a spot crypto ETF.

A separate Litecoin price forecast highlights a surge in futures open interest, which recently rose from $420 million to $870 million. Some traders argue that Litecoin, being a proof-of-work asset, may have an advantage over proof-of-stake coins in securing regulatory clearance.

Currently trading around $128, LTC’s next big movement will depend on regulatory decisions, which could spark a substantial price shift.

BlockDAG’s Hollywood-Level Keynote 3: A Must-Watch Crypto Event?

With March 2025 approaching, speculation around BlockDAG’s Keynote 3 is heating up, as reports suggest that a top Hollywood producer will be managing the production of the event.

Many view this not as a simple update but rather as a large-scale, professionally produced presentation.

Expectations are running high that this keynote could mark a turning point for BlockDAG, possibly introducing a roadmap update, major ecosystem expansions, or even influential partnerships.

Considering the mainnet launch planned for later this year and 10 CEX listings set to follow shortly after, this would be the last significant milestone before BlockDAG moves into an even stronger market position.

Presale activity is also building up anticipation, with batch 27 currently in progress. The project has already managed to raise over $200.5 million, selling more than 18.7 billion BDAG coins, with the price now at $0.0248.

Early supporters have already seen a 2,380% return, and many are hoping that Keynote 3 will bring additional good news and major announcements.

After previous updates have typically sparked surges in presale activity, a similar trend might emerge if impactful news is shared at the event.

Those who miss this keynote might miss out on key insights into BlockDAG’s upcoming moves and long-term expansion plans.

Presale: https://purchase.blockdag.network

Website: https://blockdag.net

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

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Other articles published on Mar 05, 2025