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FDIC Says Banks Can Engage In Bitcoin And Crypto Without Prior Approval

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Bitcoin Magazine

FDIC Says Banks Can Engage In Bitcoin And Crypto Without Prior Approval

The Federal Deposit Insurance Corporation (FDIC) has issued new guidance allowing banks it supervises to engage in bitcoin and crypto activities without seeking pre-approval. This reverses a controversial policy imposed under the Biden administration.

In a March 28 statement, the FDIC said banks can now participate in crypto-related services like custody and trading if they properly manage the risks. The agency will also work to replace old regulations with updated crypto guidance.

The policy change came in a new Financial Institution Letter that rescinds earlier rules from 2022 requiring banks to get FDIC clearance before handling bitcoin and crypto assets. That red tape frustrated the banking industry.

By removing this barrier, the FDIC enables its supervised banks to experiment with this emerging ecosystem more freely. However, specific permissions will still depend on interagency coordination.

Acting FDIC Chairman Travis Hill called the move โ€œone of several stepsโ€ in laying out a new crypto-friendly approach focused on security. He said, โ€œThe FDIC is turning the page on the flawed approach of the past three years.โ€ The agency expects to release additional guidance as it consults the Presidentโ€™s Working Group on digital assets.

Major banks have recently launched bitcoin and crypto services despite unclear regulations. Providing regulatory clarity will allow more banks to participate.

This post FDIC Says Banks Can Engage In Bitcoin And Crypto Without Prior Approval first appeared on Bitcoin Magazine and is written by Vivek Sen Bitcoin.

Billionaire Warren Buffett Dramatically Outperforms Market After Pouring $77,800,000,000 Into Familiar Stock

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Billionaire investing legend Warren Buffett is crushing the stock market this year after steadily pouring billions of dollars into a bet thatโ€™s extremely close to home.

Over the past six years, Buffett has funneled $77.8 billion into repurchasing shares of his own company, Berkshire Hathaway.

That massive investment has paid off big, with Berkshireโ€™s stock jumping nearly 16% year-to-date while the S&P 500 slides about 3%.

Buffett paused the buybacks late last year, hinting he might see fewer bargains ahead, with Berkshireโ€™s diverse holdings spanning insurance, railroads, and energy adding fuel to the rally.

In recent months, Buffett has also shifted Berkshireโ€™s capital away from US stocks, selling off $5.5 billion in Bank of America shares in late 2024.

Heโ€™s now sitting on a massive $334 billion cash pile and recently invested in five Japanese trading companies.

His new stakes include Itochu, Marubeni, Mitsubishi, Mitsui, and Sumitomo.

Although Buffett, now 94, says he has no plans to retire from his role as CEO, he has outlined a succession plan.

Heโ€™s designated his three children to oversee a charitable trust that will distribute 99.5% of his $150 billion fortune after his death, and says Greg Abel is set to take over as CEO when the time comes.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The post Billionaire Warren Buffett Dramatically Outperforms Market After Pouring $77,800,000,000 Into Familiar Stock appeared first on The Daily Hodl.

Grayscale has filed for Avalanche (AVAX) ETF with Nasdaq

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Nasdaq has submitted an application for an Avalanche (AVAX) ETF on behalf of Grayscale. Interest in AVAX is returning, and Grayscale is prepared to offer additional products based on the L1 token.ย 

Grayscale, one of the most active issuers of crypto-based products, has filed for a new ETF based on Avalanche (AVAX). Nasdaq submitted a 19b-4 form on behalf of Grayscale, outlining the fundโ€™s conditions. The recent filing follows a wave of new applications for ETF. VanEck has also recently filed for a similar fund in the past two weeks.ย 

Grayscale already offers its Avalanche Trust for private placements and accredited investors. The new ETF would be available to retail buyers aiming to gain exposure to AVAX. The fund has just $1.7M in assets under management, while a full ETF may attract more significant buying. Grayscale offers multiple ETP products with exposure to a growing list of assets. However, some of those funds are limited to accredited investors and do not result in demand for the underlying assets.

The ETF will be based solely on the value of AVAX and will not contain a cash component to balance the risk. The Trust for the Avalanche ETF is not an investment company under the definition of the Investment Company Act and has no intentions of actively managing the fund.ย 

The AVAX ETF will create and redeem baskets of shares, with the possibility of creating or redeeming them in kind for Avalanche tokens. Previous ETFs were mostly cash-settled, though new applications are trying to achieve in-kind settlement.ย 

Avalanche chain pivots to DeFi

Following the news, AVAX traded in its usual range at $20.54. The asset continued to show weakness following the overall market drawdown. Avalanche is still considered a potential blue-chip project, though the network has lagged following the loss of gaming activity. AVAX is also showing signs of price weakness in the short term. The effect of the actual ETF may not be immediate, and it may take months until the product starts trading.ย 

After filing the 19b-4 form, the US Securities and Exchange Commission has 90 days to approve or reject the filing. Even with procedures launched on many potential ETFs, the launch may still take time. Even now, launching a successful ETF beyond BTC and ETH takes months from filing to completion.

The Avalanche project aims to recover its influence as Web3 gaming and GameFi are returning. The chain also works as an all-purpose Layer1 for decentralized apps.ย 

Avalanche offers one of the most viable infrastructures for Web3 projects. Previously, the chain carried NFT games like Crabada. The network offered its C-Chain, an all-purpose EVM-compatible network. Additionally, crypto projects could launch subnets with their own tokens.ย 

After Web3 games slowed down, Avalanche pivoted to DeFi. The chain still carries $1.16B in value locked, as well as $1.93B from stablecoin inflows. Avalanche is relatively liquid, receiving $74.19M from Ethereum.ย 

Avalanche aimed to boost adoption through its top ecosystem app, the Core Wallet. The Core Wallet now covers gas fees for all Avalanche C-Chain users to widen adoption. The zero-fee feature was added after the walletโ€™s latest update in March.

The chain carries its own versions of Aave and other decentralized apps, including the GMX perpetual futures DEX. The chain carries close to 170K daily active users, with the most traffic coming from its DEX, Odos, as well as Aave and Uniswap versions. Games and NFT hubs have slowed down their activity significantly since the boom in 2021.

The chain stillย generates around $640K in fees from its main apps. Based on Token Terminal data, Avalanche achieved positive net returns for the first three months of 2024.

Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot

Pepe Coin Price Could Enter Beast Mode as Exchange Balances Fall

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Pepe coin price has crashed and erased over $6.7 billion in value in the past few months. It has crashed from a record high of $0.00002827 in December last year, to $0.0000080. Still, a combination of strong technicals and falling exchange balances signal that the Pepe price may enter beast mode soon.ย 

Pepe Coin Price May Surge as Exchange Balances Fall

There are signs that investors are still accumulating Pepe coin, signaling a potential rebound in the coming weeks. Data by CoinCarp shows that, despite its recent crash, the number of Pepe holders has jumped to 417,000, up from 406,000 on the same day a month earlier. In most cases, holders drop as a coinโ€™s price retreats.

Pepe Holders
Pepe Holders

Other data shows that Pepe balances on exchanges has dropped in the past few weeks. There are now 240.22 trillion tokens on exchanges, down from 241.86 trillion a week earlier. The total supply on exchanges has also dropped to 57%.

Falling exchange reserves is a sign that crypto investors are holding their coins in their more secure self-custody accounts. Thatโ€™s because investors move their coins from their wallets to exchanges when selling them.

Pepe Balances on exchanges
Pepe Balances on exchanges

Technicals Point to More Pepe Coin Price Surge

Pepe price may also enter beast mode because of its string technicals. The first main bullish catalyst is that there are signs that it has formed a giant double-botton pattern at $0.000005895. This pattern has two key parts: two down swings and a neckline, which in this case, is at the all-time high of $0.00002827.ย 

Further, the Pepe coin price has formed a falling wedge chart pattern. This pattern happens when an asset consolidates inside a descending and converging channel. A bullish breakout typically happens when the two lines near their confluence.

Interestingly for Pepe, the confluence has happened at the lower side of the double-bottom pattern.ย 

Technical indicators point to more Pepe coin price upside. The BBTrend indicator has continued rising and is about to flip the zero line. This is a unique indicator created by subtracting the distance of the lower and upper lines of the Bollinger Bands.ย 

The Relative Strength Index (RSI) and the Percentage Price Oscillator have all pointed upwards. Therefore, the coin may surge soon, potentially to the all-time high of $0.00002827, up by 265% from the current level.ย 

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A crash below the double-bottom point at $0.00000589 will invalidate the bullish Pepe price forecast. It will do that by cancelling the double bottom pattern and signaling more downside to $0.0000500.

The post Pepe Coin Price Could Enter Beast Mode as Exchange Balances Fall appeared first on CoinGape.

Popular Analyst Peter Brandt Identifies XRP Head & Shoulder Pattern, Reveals Path To Take

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Popular analyst Peter Brandt has provided a bearish outlook for the XRP price, predicting that the altcoin could drop below the $2 support. As part of his analysis, he highlighted a head-and-shoulders pattern that could spark the breakdown below $2.ย 

Peter Brandt Identifies XRP Head And Shoulders Pattern

In an X post, Brandt revealed that XRP is forming a textbook head-and-shoulders pattern, which has caused the altcoin to range-bound. He added that the head-and-shoulders pattern projects a price decline to as low as $1.07. The analystโ€™s accompanying chart showed that XRP could witness a freefall to this target if it loses the $1.9 support.ย 

Crypto analyst CasiTrades had also recently raised the possibility of XRP dropping to as low as $1.54. She revealed that a break below the $2.25 support and lower support at $1.90 could lead to this breakdown to $1.54. However, the analyst suggested that the probability of this happening was really low, as the $2.25 support is holding really strongly.ย 

XRP

Meanwhile, crypto analyst Ali Martinez also discussed the head-and-shoulders pattern that had formed for the XRP price. In an X post, he stated that if XRP can break above $3, it would invalidate the current head-and-shoulders pattern, a development that could flip the altcoinโ€™s outlook to bullish. In his analysis, Brandt had also hinted that a rally above $3 could invalidate the bearish pattern.ย 

Martinezโ€™s accompanying chart showed that XRP could drop to as low as $1.25 if this head-and-shoulders pattern plays out. In another post, he again raised the possibility of XRP suffering this price breakdown, while stating that the $2 price level remains the critical support level for the crypto.ย 

Bullish Outlook For The Altcoin

In an X post, crypto analyst Dark Defender provided a bullish outlook for the XRP price, predicting it could reach as high as $23.20. The analyst claimed that the third wave targets a rally of between $5.85 and $8.076. Meanwhile, the fifth wave is expected to finish the move between $18.22 and $23.20.ย 

This prediction came as part of Dark Defenderโ€™s analysis of the 3-month candle. He affirmed that XRP boasts a clear bullish momentum on this higher timeframe. He added that there are ups and downs in smaller time frames, but the higher frames supersedes the smaller ones.ย 

In another post, the analyst assured XRPโ€™s consolidation will be over soon. He revealed that the altcoin has formed a great bullish rectangle pattern and that the next leg up will send it to new all-time highs (ATHs).ย 

At the time of writing, the XRP price is trading at around $2.25, down over 4% in the last 24 hours, according to data from CoinMarketCap.

XRP

Is Shiba Inu Price Due for 80% Rally in April As SHIB Escapes Falling Wedge Pattern?

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Is Shiba Inu Price Due for 80% Rally in April As SHIB Escapes Falling Wedge Pattern?

Shiba Inu price could be on the verge of an 80% rally in April 2025 after the meme coin broke out of a falling wedge pattern. This breakout hints that SHIB price may double next month, and possibly lead gains across the broader crypto market.ย 

Shiba Inu Gears for 80% Rally After Breakout Falling Wedge Patternย 

Shiba Inu price today trades at $0.0000133 after a 5% drop in 24 hours. This decline follows a massive pullback across the broader crypto market after the US PCE inflation data for February came in hotter-than-expected.ย 

Despite this pullback, the daily price chart indicates that the second-largest meme coin is still holding on to a bullish setup. More importantly, SHIB had broken out of a falling wedge pattern and teased a reversal from a bearish trend to a bullish trend.ย 

After the recent decline, this top meme token has retested the upper trendline of the falling wedge as support. If it avoids breaching this trendline, it could trigger a nearly 80% price gain for the meme coin to $0.000023. At this point, SHIB will have doubled in price.ย 

To confirm the strength of this bullish breakout, the RSI needs to tip north and recover past 50 to show bullish momentum and an increase in buying activity. At press time, SHIBโ€™s RSI stood at 48, which is a near-neutral level.ย 

Is Shiba Inu Price Due for 80% Rally in April As SHIB Escapes Falling Wedge Pattern?
SHIB/USDT: 1-day Chart

This falling wedge pattern shows the possibility that the Shiba Inu price can recover. However, for a strong uptrend, buying pressure needs to increase.ย 

How DeFi Activity and SHIB Burn Rate Will Drive Gainsย 

One of the top reasons why the Shiba Inu price can witness a 2x price rally in April 2025 is a spike in the burn rate. Data from Shibburn shows that in the last week of March, the burn rate soared by more than 3,400%, with more than 2 billion tokens being taken out of circulation. This spike comes after a mysterious user burned 2 billion SHIB tokens.ย 

Besides the rising SHIB burn rate, data from DeFiLlama also shows a spike in the Total Value Locked (TVL) and DEX volumes on the Shibarium layer 2 blockchain.ย 

Last week, the total DEX volumes on ShibaSwap reached $9.83 million, which was the highest level since mid-January. Meanwhile, the Shibarium TVL recently soared past $3M highlighting rising usage of the DeFi platform.ย 

As the SHIB burn rate increases and the Shibarium network records an increase in adoption from DeFi users, the Shiba Inu price may register an 80% rally in April 2024 and post 2x gains.ย 

The post Is Shiba Inu Price Due for 80% Rally in April As SHIB Escapes Falling Wedge Pattern? appeared first on CoinGape.

The Nation Token (NATO) Officially Launches Following Historic Airdrop to 1 Million Users on Base

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March 28th, 2025 โ€“ Ia?i, Romania


74% of NATOโ€™s 1 trillion token supply was distributed in one of the largest airdrops ever โ€” now trading live on Uniswap, AscendEX, and Poloniex

The Nation Token (NATO), a decentralized token on the Base blockchain, has announced its official launch following a historic airdrop to one million active Base wallets. As of today, NATO is trading live on Uniswap, Poloniex, and AscendEX.

In December 2024, 74% of the total 1 trillion NATO supply โ€” 740 billion tokens โ€” was airdropped evenly to 1 million randomly selected Base wallets, with each wallet receiving 740,000 NATO. This marks one of the largest and most distributed token airdrops in blockchain history. Uniswap liquidity has been locked until January 1, 2030, reinforcing the commitment to long-term decentralization. The contract address for NATO on Base is: 0xd968196fa6977c4e58f2af5ac01c655ea8332d22

Why the Nation Token Was Created

NATO was born out of a growing concern with the direction of many modern cryptocurrencies โ€” specifically, the increasing trend toward centralization. From token allocations to liquidity control and governance influence, too many projects are dominated by a small group of insiders, leaving everyday holders with little to no say.

The Nation Token aims to break that pattern by creating a truly community-owned and community-governed asset, where every decision and milestone is driven by the people, aligning of its mantra of #PowerToThePeople. A governance platform is currently in final development to enable token holders to vote on proposals and roadmap decisions โ€” completing one of the final pillars of NATOโ€™s decentralization framework.

Speaking about the recent listings of NATO, Andrei Popescu, CMO said โ€œThis is a true experiment in decentralized financial empowerment, proving that the power of the people can shape the market like never before. Our goal is simple yet ground-breakingโ€”to make NATO the first token in history to reach high goals purely through collective effort.โ€

Momentum and Growth

Following its initial Uniswap listing (paired with WETH), NATO saw growth in trading activity. In the two weeks following, both Poloniex and AscendEX listed NATO (paired with USDT), resulting in a 10x increase in trading volume according to the team. Additional exchange listings are already in the pipeline.

To drive further awareness and participation, the team has launched a community growth campaign at ย https://taskon.xyz/TheNationToken

Participants can compete for a $1,000 USDC monthly prize pool, split among the top 50 leaderboard members, based on engagement and learning activities around the project. This gives a further incentive for both airdrop recipients, as well as new token holders to retain their tokens.

For more information about The Nation Token and its mission, users can visit https://thenationtoken.com, or follow the project on X at https://x.com/NatoTok3n or join the citizens on Telegram at https://t.me/TheNationToken

About NATO โ€“ The Nation Token

The Nation Token is a decentralized community-owned token built on Base, that resulted from one of the biggest airdrops in the chainโ€™s history, as 1 million wallets received a share of 740 billion tokens. The project focuses on fair distribution, transparency, and long-term community governance.

Contact

CMO
Andrei Popescu
The Nation Token
support@thenationtoken.com

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.

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The post The Nation Token (NATO) Officially Launches Following Historic Airdrop to 1 Million Users on Base appeared first on The Daily Hodl.

3 Altcoins to Sell Before March 31 to Prepare for Crypto Bull Market

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3 Altcoins to Sell Before March 31 to Prepare for Crypto Bull Market

Historical data presents March as one of the bullish months for cryptocurrencies, but there are some exceptions, including this year. With uncertainty and unfilled expectations from the U.S. Strategic Bitcoin Reserve and other factors, the crypto market faces a consistent downtrend. However, the expectations are rising for next monthโ€™s crypto bull market, but before this, letโ€™s discuss the top altcoins to sell that lack significant price rally potential.ย 

3 Altcoins To Sell Before March 31

Amid millions of cryptocurrencies, only a bunch offer significant returns, while the others fail. In the current market, almost every digital asset is struggling, but the performance is even worse for some, such as Solana, GameStop, and Official Trump, making them the top altcoins to sell before the crypto bull market. Why? Letโ€™s discuss this.ย 

1. Solana (SOL)

Solana has long lost its bullish performance due to the massive drop in the demand for meme coins. More importantly, it is less likely for the demand to return to its original state per analysts, which is why there are certain doubts about SOLโ€™s price performance.ย 

2. GameStop (GME)

GME was among the top bullish altcoins back in 2024, but that has changed this year. The uncertainty is rising around the gaming company as the GameStop stock price is affected severely by their decision to build Bitcoin treasure. Amid uncertainty and mixed sentiments, investors must consider such altcoins to sell.ย 

3. Official Trump (TRUMP)

Other than its bullish performance at launch, the TRUMP meme coin has only declined in performance per CoinmarketCap. It is often discussed due to its poor performance, insider trading, and other controversial topics. Its bearish performance and controversies build the demand to sell this crypto.

Final Thoughts

Although downtrends and price drops are common, some crypto are not worth holding for longer due to their poor performance and internal issues. As the crypto bull market approaches, consider top cryptos to buy, like Bitcoin and others, such as Solana, TRUMP, GameStop, and other altcoins to sell.ย 

The post 3 Altcoins to Sell Before March 31 to Prepare for Crypto Bull Market appeared first on CoinGape.

XRP Price Slips 4%: Ripple Coinโ€™s May Dip Further To $1 If This Happens

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XRP Price Slips 4%: Ripple Coin's May Dip Further To $1 If This Happens

XRP price has slipped more than 5% today, slipping below the $2.2 mark, sparking speculations among investors. With a flurry of investors evaluating the potential future performance of the coins, experts have given mixed predictions, further fueling discussions. Notably, a renowned trader has recently said that Rippleโ€™s coin may crash to $1 while others are offering bullish forecasts despite the recent retreat.

XRP Price Retreat: A Quick Evaluation Of The Current Performance

XRP price today was down more than 5.6% and exchanged hands at $2.19 during writing amid a broader crypto market selloff. Its one-day trading volume was up over 17% to $3.83 and the crypto touched a 24-hour high of $2.36. Besides, XRP Futures Open Interest fell 2% to $3.96 billion, reflecting the gloomy sentiment in the market.

Notably, the crypto has been consolidating between the $2 and $2.5 mark over the last 30 days, while nearing a monthly high of $2.97. However, on the monthly chart, the crypto has lost around 0.5% with its current performance.

Notably, this bearish momentum comes despite a flurry of good news in the market. For context, Gemini co-founder Tyler Winklevoss recently shared a crucial update for the Ripple army. Besides, the US SEC is likely to drop the long-running case against Ripple, which has further bolstered tradersโ€™ sentiment.

Expert Predicts XRP Price Crash To $1: Hereโ€™s Why

Renowned trader Peter Brandt has sounded the alarm on XRP, warning of a potential price crash to $1.07 if Rippleโ€™s coin fails to hold above a crucial support level. Brandt, a veteran analyst with decades of experience, identified a textbook Head and Shoulder (H&S) pattern forming on XRPโ€™s chart.

According to Brandt, XRP is currently range-bound, and a break below $1.9 could trigger a sharp decline. He advised against holding XRP below this level, citing the H&S patternโ€™s projection of $1.07. However, Brandt noted that a breakout of the $3 mark could invalidate the bearish scenario.

XRP price chart
Source: Peter Brandt, X

Meanwhile, this also comes as Brandt recently hinted towards a potential BTC price crash to $70K. This has further fueled concerns among investors, as the altcoins often tend to follow Bitcoinโ€™s path.

Other Experts Remain Bullish On Rippleโ€™s Coin Future

Despite the recent dip and bearish prediction from Peter Brandt, a flurry of experts has remained bullish on the future trajectory of XRP price. Renowned analyst CryptoELITES reaffirmed a $15 target for Rippleโ€™s native asset, citing his prior 600% gain since its initial prediction when XRP traded at $0.50.

Ripple Coin price
Source: CryptoELITES, X

Another expert Dark Defender also echoed this bullish sentiment, highlighting a clear upward momentum on the 3-month time frame chart. He predicted a 3rd wave targeting $5.85-$8.076 and a 5th wave potentially reaching $18.22-$23.20. Additionally, Dark Defender identified a bullish rectangle pattern, suggesting new all-time highs on the horizon.

XRP price prediction
Source: Dark Defender, X

Meanwhile, in the short term, EGRAG CRYPTO forecasts a potential โ€œinverse head and shouldersโ€ pattern, with a measured move targeting $3.7-$3.9. These expert predictions, in contrast to Peter Brandtโ€™s recent forecast, have helped offset some concerns of the investors regarding the XRP price future.

The post XRP Price Slips 4%: Ripple Coinโ€™s May Dip Further To $1 If This Happens appeared first on CoinGape.

โ€˜Time To Be Cautiousโ€™: Trader Says Indicator That Perfectly Predicted a Rally on Solana Has Now Turned Bearish

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Analyst and trader Ali Martinez is leaning bearish on Solana (SOL) as the sixth-largest crypto asset by market cap lies about 53% below the all-time high recorded in January.

Martinez tells his 134,300 followers on the social media platform X that the Tom DeMark (TD) Sequential indicator is flashing a bearish signal on the 12-hour time frame.

The TD Sequential indicator is used to identify potential price reversal points.

โ€œThe TD Sequential perfectly timed the Solana bottom, triggering a 20% rally. Now, itโ€™s flashing a sell signal. Time to be cautious!โ€

Image
Source: Ali Martinez/X

Solana is trading at $138 at time of writing.

Turning to Dogecoin (DOGE), the crypto analyst and trader says the price trajectory of the largest memecoin by market cap will depend on two key levels โ€“ a support level at around $0.177 and a resistance level at about $0.207, based on the Unspent Transaction Output (UTXO) Unrealized Price Distribution (URPD) metric.

The URPD, which is used to analyze how coins are distributed based on the price at which they were last moved, helps in identifying key support and resistance levels. According to Martinez, about 8% of the total supply of Dogecoin was moved at the $0.177 price while about 7% of the total supply of the memecoin was moved at the $0.208 price.

Image
Source: Ali Martinez/X

Martinez further says that on the daily time frame, Dogecoin could turn bullish if the flagship memecoin appreciates by around 9% from the current level based on the SuperTrend indicator. The SuperTrend indicator is used to determine market direction and potential entry or exit points.

โ€œThe SuperTrend indicator suggests that Dogecoin could enter a bullish phase upon breaking the $0.21 resistance level.โ€

Image
Source: Ali Martinez/X

Dogecoin is trading at $0.193 at the time of writing.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The post โ€˜Time To Be Cautiousโ€™: Trader Says Indicator That Perfectly Predicted a Rally on Solana Has Now Turned Bearish appeared first on The Daily Hodl.

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