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Cryptocurrency News Articles
Shiba Inu Price Analysis: Will a Turnaround Happen?
Mar 04, 2025 at 06:00 am
Shiba Inu's price analysis continues to show a bearish trend as the digital asset records its first major death cross of 2025.
Shiba Inu price analysis shows that the digital asset is recording its first major death cross of 2025. The price of SHIB dropped to $0.00001538, marking weekly losses of almost 7%.
Shiba Inu price analysis: 50-day MA falls below 200-day MA
This technical pattern, where the 50-day moving average falls below the 200-day moving average, has historically signaled further downward pressure. However, some technical analysts remain cautious, noting that past events saw similar crossovers lead to prolonged periods of consolidation in the cryptocurrency’s price.
Further Shiba Inu price analysis reveals that macroeconomic factors are also impacting the market, with interest rate concerns continuing to weigh on speculative assets. A potential rebound could emerge if buyers manage to reclaim the $0.000019 level, but the current outlook favors sellers as they dominate trading activity.
Want to learn how to buy cryptocurrency basics and best practices?
Shiba Inu price analysis: what next for SHIB?
Shiba Inu is known for its strong community presence and meme-based origins, which have contributed to its significant price gains in the past. The token’s price reached a all-time high of $0.000088 in March 2021, during the peak of the bull market.
Since then, SHIB has faced volatility and a downtrend, which is closely followed by many crypto traders. A recovery in the cryptocurrency market and a decline in inflation could help to boost SHIB price in the coming months.
Litecoin price forecast: a massive jump on the horizon?
The latest Litecoin price forecast suggests that the cryptocurrency could soar by a whopping 75%. This massive jump can be attributed to the increasing speculation around a spot Litecoin exchange-traded fund.
Litecoin price forecast: a 75% rise on the cards as major institutions file for a spot ETF
As many major institutions, including Grayscale and CoinShares, have applied for a spot Bitcoin ETF, analysts contributing to the Litecoin price forecast believe that the crypto has a good chance of gaining approval from the SEC.
Another Litecoin price forecast factor is that open interest in futures has also increased significantly, rising from $420 million to $870 million. Many analysts believe that Litecoin, being a proof-of-work coin, has a higher chance of gaining approval compared to proof-of-stake assets.
LTC is currently trading at around $128, and many analysts will be watching this level closely as they believe that regulatory developments will play a key role in determining the next major price move for the cryptocurrency.
The latest Litecoin price forecast suggests that the cryptocurrency could be set for a 75% increase.
BlockDAG’s Hollywood-style Keynote 3: the crypto event of the year
Anticipation is running high for BlockDAG’s upcoming Keynote 3, which is scheduled for March 2025.
Rumors have it that a well-known Hollywood producer will be overseeing the entire production of this grand event.
This isn’t just another update; it appears to be a full-scale production with all the glitz and glamour befitting a major movie premiere.
BlockDAG has already raised over $200 million and is now in Batch 27, having sold more than 18.6 billion coins at an average price of $0.0248. This incredible presale activity is a testament to the project’s popularity and the community's strong interest in the token.
Those who joined earlier have also seen impressive returns, with early presale numbers showing a 2,380% surge.
Many crypto enthusiasts believe that this could be the moment that propels BlockDAG into the big leagues.
What can we expect from Keynote 3?
Rumors are flying about what could be announced at the keynote. Some are speculating that we could see a roadmap update, significant ecosystem upgrades, possibly even major partnerships.
Whatever is coming, it is certain to cause a stir and generate buzz among crypto enthusiasts.
With the mainnet launch set for later this year, followed immediately by 10 CEX listings, this keynote marks the last major milestone before BlockDAG reaches new heights.
Those who have followed BlockDAG’s journey so far know that past announcements have often led to increases in presale activity.
If we see big news revealed at the keynote, it is possible that we could see a similar increase in participation as traders and investors become more interested in the project.
Many are warning that missing this event would be a lost opportunity. Keynote 3 might offer crucial insights into the project’s future path and trigger further growth, especially with the news that a famous Hollywood producer is involved in the production of the event.
The excitement is palpable, and the anticipation is building with each passing day.
As March nears
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- The Nasdaq Stock Market LLC filed a 19b-4 form with the U.S. Securities and Exchange Commission on Monday to list and trade Grayscale's spot Hedera (HBAR) exchange-traded fund.
- Mar 04, 2025 at 01:05 pm
- A 19b-4 filing is the second part of a two-step process for proposing a crypto ETF to the SEC. Once acknowledged by the SEC, the filing will be published in the Federal Register, initiating the agency's approval process.
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