Floki Inu could witness a 17% upswing with latest FLOKI exchange listing
Floki Inu, a Shiba Inu and Dogecoin competitor, has a bullish target of $0.000041. The meme coin is in a downtrend, however recent rounds of exchange listings and altcoin price rallies have fueled a bullish sentiment among holders.
Floki Inu, a meme coin competitor of Shiba Inu and Dogecoin, is currently in a downtrend. The meme coin recently got listed on Crypto.com. FLOKI announced the listing of the token on BigONE exchange.
Four reasons why SUSHI holders will have a bullish week despite SEC's move
SushiSwap price undid the early March gains in the last week after the SEC subpoenaed the platform’s head chef Jared Grey. As a result of this announcement, the token collapsed by roughly 18%. However, this week things are starting to look better for the decentralized exchange (DEX) and SUSHI holders for four key reasons.
SushiSwap price on the daily chart shows that it produced two key lower lows on March 10 and 25. Looking at the Relative Strength Index (RSI) and the Awesome Oscillator (AO) indicators, one can see higher highs, indicating an increase in momentum for the same periods.
Decentraland price to yield for 13% breakout gains for MANA holders
Decentraland (MANA) price is currently on the backfoot slightly as the ASIA PAC session started off with a bullish undertone. Nothing surprising just yet as MANA is currently residing at the 200-day Simple Moving Average (SMA), which has been providing support on plenty of previous occasions. With the bullish undertone being handed over in the European trading session, expect to see a breakout trade that could see MANA shooting higher to $0.66 by Tuesday or Wednesday if this undertone persists.
Decentraland price had been in steep decline ever since bulls tried to break above the 55-day SMA two weekends ago after Credit Suisse got pushed into a merger. In a bearish triangle formation with the 200-day SMA as the base, plenty of attacks have been launched – each unsuccessful. Seeing the bullish tone this morning in global markets with equities and risk assets on the front foot, expect to see that filter through MANA price action with a bit of delay.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Recommended Content
Editors’ Picks
US presidential election outcome could shape the future of crypto
US citizens will go to the polls to elect a new president on November 5, and their choice could be key for the future of the crypto industry and thus the price outlook for Bitcoin (BTC).
Bitcoin ETFs beat Gold ETFs with 65% gain since launch
Bitcoin ETFs have reshaped the digital asset investment landscape since their approval in January. Their total assets under management climbed over $70 billion during the weekend, placing them ahead of other investment products, including gold.
XRP eyes 10% rally amid relisting across crypto exchanges and growing institutional demand
Ripple's XRP is trading at $0.5050 up slightly by 0.2% in the past 24 hours as it struggles to sustain a move above a key symmetry triangle resistance. Meanwhile, in its recently released Q3 report, Ripple noted the rising listing and relisting of XRP across crypto exchanges and global platforms.
Ethereum Price Forecast: ETH struggles below $2,500 amid State of Michigan pension fund investment in ETH ETF
Ethereum is trading near $2,420, down about 1% on Monday, but could bounce off a key descending trendline close to the $2,258 historically high demand zone. Meanwhile, the State of Michigan pension fund revealed an investment of $11 million in ETH exchange-traded funds.
Bitcoin: New all-time high at $78,900 looks feasible
Bitcoin price declines over 2% this week, but the bounce from a key technical level on the weekly chart signals chances of hitting a new all-time high in the short term. US spot Bitcoin ETFs posted $596 million in inflows until Thursday despite the increased profit-taking activity.
Best Forex Brokers with Low Spreads
VERIFIED Low spreads are crucial for reducing trading costs. Explore top Forex brokers offering competitive spreads and high leverage. Compare options for EUR/USD, GBP/USD, USD/JPY, and Gold.