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Sui Price Prediction for Today, November 6 – SUI Technical Analysis

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The Sui price prediction adds a tremendous 13.70% gain and at the time of writing, it is trading around the $2.28 resistance level. Sui Price Statistics Data: Sui price now – $2.28 Sui market cap – $6.57 billion Sui circulating supply – 2.85 billion Sui total supply – 10 billion Sui Coinmarketcap ranking – #16 Getting in early on SUI has proven valuable, as the token has surged 527.81% since its all-time low of $0.3643 a year ago. Currently, its price ranges between $1.88 and $2.33, showing resilience despite a recent dip from its all-time high of $2.36 last month. This growth underscores SUI’s potential in the crypto market. SUI/USD Market Key Levels: Resistance levels: $2.80, $2.90, $3.00 Support levels: $1.60, $1.50, $1.40 SUIUSD – Daily Chart The SUI/USD pair is in a consolidation phase, holding steady between support at $1.75 and resistance around $2.10. This range-bound movement reflects a market pause, with traders waiting for a clearer direction. With the
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Solana (SOL) Transfer Volume Suddenly Spikes to $224,000,000,000 in Single Day: Glassnode

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Transfer volume on the Solana blockchain exploded recently and surged to multiple times higher than the total SOL market cap, according to the crypto analytics firm Glassnode. Glassnode notes that SOL clocked $224 billion worth of transfer volume in a single day, nearly 3x of the asset’s market cap, which sits around $78 billion at time of writing. Explains the firm, “This surge was driven by a high-activity wallet using multiple accounts. This wallet, likely an arbitrage bot, ramped up activity in early October and was likely responsible for the recent fee increases many were discussing.” Source: Glassnode/X SOL is trading at $185.98 at time of writing. The 5th-ranked crypto asset by market cap is up more than 16.1% in the past 24 hours. Real Vision CEO Raoul Pal thinks if SOL turns $185 into support, it could serve as a bellwether for the broader crypto market entering the most explosive phase of the cycle. The former Goldman Sachs executive says that a mas
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Tesla Gets 4% Election Day Boost as TSLA Gets Back on Track

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Despite dropping for consecutive trading days, Tesla (TSLA) has benefitted from a 4% election day boost as the automotive manufacturer garners some interest. Although its Q3 earnings report had investors feeling optimistic, the stock price quickly turned downward. Now, the market this observing whether or not the price has rebounded. Any discussion regarding Tesla stock begins and ends with Elon Musk. His involvement with the 2024 presidential election and the Donald Trump administration has elicited different reactions from investors. Yet, how the stock responds to the election results will be an important point of observation. Source – Rolling Stone Also Read: Will Tesla (TSLA) Claim $310 Amid The Recent US Elections Hype? Tesla Gets 4% Boost as Market Still Looks Unsure About Stock’s Future It has been a rather volatile few weeks for Tesla stock. The company has struggled to gain a solid footing, with a trajectory that is even more difficult to pinpoint. With an underwhelming Robota
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Dogwifhat Price Prediction: WIF Plunges 22% In A Week As Experts Say Consider This New Meme Coin For Parabolic Gains

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The Dogwifhat price plunged 22% in the past week after tumbling 2% in the last 24 hours to trade at $2.03 as of 2.30 a.m. EST on trading volume that declined 1% to $316.47 million. Dogwifhat Price Prediction While the WIF price did see a strong drop in the last 24 hours, which resulted in the token’s decline to a support at $1.9, the popular meme coin is showing signs of recovery. Its Bollinger bands have seen a widening over the last few hours, and the price has returned to the upper band, pushing it further up. In the last few hours, it briefly dipped back to the middle area between the two bands before it started growing back to the upper line. This is also in line with the behavior of another metric — the project’s Relative Strength Index (RSI). The RSI value surged from the oversold zone, after dropping nearly to the value of 20, only to reach the value of 74.43 within nine hours. After venturing into the overbought zone, many traders seemingly decided to take profit,
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Ponke Price Prediction: PONKE Pumps 15% As Binance Launches Futures Trading, But Analysts Say This Rival ICO Might Be The Best Crypto To Buy Now

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The Ponke price surged 15% in the last 24 hours to trade at $0.51741 as of 7:15 a.m. EST on trading volume that skyrocketed 220% to $77 million, according to data from CoinGecko .  This comes after the world’s largest crypto exchange, Binance, announced that it would list PONKEUSDT Perpetual contracts with up to 75x leverage on Binance Futures on November 4 at 12:30 UTC. #Binance Futures will launch the USDⓈ-Margined $PONKE Perpetual Contract at 🗓️ Nov 4 2024, 12:30 (UTC) Read more ➡️ https://t.co/kqrmZqnEp6 pic.twitter.com/LQPUlMOBOR — Binance Futures (@BinanceFutures) November 4, 2024 Ponke Price On A Sustained Bullish Rally According to the PONKE/USDT chart Analysis on the 4-hour timeframe, the Ponke price has been in a continued surge since mid-October, after the bulls took advantage of the price within the $0.27 support. In the last two weeks, the price of Ponke has been registering higher highs and higher lows, trading within the rising channel pattern. PONKE price h
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Ethereum Is “Akin To Amazon In The 1990s,” Has Vast Potential, 21Shares Says

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Fund manager 21Shares say the investment potential of Ethereum is similar to that of the $2 trillion tech giant Amazon back in the 1990s. Ethereum is “complex, akin to Amazon in the 1990s — promising vast potential but less straightforward in its use cases,” said 21Shares research analyst Leena Eldeeb in an interview with CoinTelegraph. Ethereum May Surprise Investors With New Innovative Use Cases Reflecting on Amazon’s early days, vice president and head of 21Shares’ business unit, Frederico Brokate, said few people could have predicted that Amazon would transition from an online book store to “a global e-commerce and cloud computing giant.” Similarly, the analysts believe that Ethereum could one day surprise investors with new “revolutionary use cases” that have not yet been discovered.  In terms of talent, Ethereum boasts a much larger pool of people currently working to make the blockchain better, noted Brokate. “By the end of the 1990s, Amazon employed around 7,600 people.
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Next Cryptocurrency to Explode, November 2 — Safe, ApeCoin, Flare

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The altcoin market looks promising, and many altcoins are recording gains. Bitcoin (BTC) is still struggling to return to its all-time high of $73K but managed to go back above 67K in the past week. Investors need to stay alert during this consolidation phase, as it could be a chance to catch a ride on a rising trend. Prices of various altcoins are already showing positive movements, even before the market takes off entirely. Today’s article will identify the next cryptocurrencies to explode and inform investors and traders about each token. Next Cryptocurrency To Explode Savvy investors anticipate a boom in the altcoin market and taking positions in upcoming tokens like the Crypto All-Stars. The project aims to revolutionize the meme coin space with its groundbreaking MemeVault Ecosystem. This post covers the details of its presale. 1. Safe (SAFE) Safe (SAFE) is the native token of the Safe ecosystem, widely recognized as the largest smart account ecosystem on the Ethereum Virtu
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Ripple v. SEC case update: November 1, 2024

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Though the long-standing legal battle between Ripple Labs and the Securities and Exchange Commission (SEC) appeared over in August, the ever-tenacious regulator has continued the dispute by appealing the final ruling, particularly the elements concluding that the company’s programmatic sales of XRP do not constitute securities violations. Despite this reignition of tension, parties monitoring the conflict are now unlikely to see further developments until early 2025.  Specifically, a filing from October 31 shows that the U.S. Court of Appeals for the Second Circuit has set January 15 as the deadline for the SEC’s principal brief. Picks for you Analyst reveals when to catch the next buying opportunity for Bitcoin 6 mins ago Nvidia stock cou
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VanEck Dives Deeper Into Web3 Gaming – Invests In NFT Gaming Startup Gunzilla

Blockchain gaming, which previously took the crypto and non-fungible token communities by storm, is back on hype and is considered a hot new frontier in online gaming. In recent weeks, the NFT games market has seen notable institutions and global asset managers shift their focus back and reconsider web3 gaming as a viable investment destination. VanEck is the latest firm to bet big in this web3 gaming sector, with investment in Gunzilla Games. VanEck Invests In NFT Gaming Startup Gunzilla In an October 31 blog post, VanEck confirmed through its spokesperson Mattmaximo that they have invested in Gunzilla Games and their ambitious new project, Off the Grid (OTG). The recent investment in Gunzilla Games has brought VanEck’s investment in the Web3-enabled gaming space to two under its liquid token strategy. Liquid Token Strategy refers to staking assets in liquid form, allowing users to engage in various economic activities while earning staking rewards. Excited to announce our 2nd maj
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Nexo announces a major rebrand as an all-encompassing digital asset wealth platform

Nexo, a leading digital asset institution, has announced a major rebrand, transitioning from a crypto lender to an all-encompassing digital asset wealth platform, as revealed to Finbold on Wednesday, October 31.  The rebrand coincides with the Bitcoin Whitepaper Day and shows Nexo’s commitment to empowering investors with the sophisticated tools necessary to build, safeguard, and leverage digital wealth. The Nexo rebrand After 20 months of extensive research and involving 5,000 users in almost two dozen countries, Nexo is evolving its platform to accommodate the needs of sophisticated crypto investors.  Picks for you Bitcoin set to make the highest monthly close ever 58 mins ago Pudgy Penguins and Mythical Games reveal  Pudgy Party, a
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Crypto Analyst Says DeFi Altcoin Gearing Up for Liftoff, Updates Outlook on Solana and Dogecoin

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A crypto strategist who accurately called the Bitcoin (BTC) correction earlier this year thinks a decentralized finance (DeFi) altcoin is getting ready to erupt. Pseudonymous analyst Rekt Capital tells his 508,200 followers on the social media platform X that the native asset of the yield tokenization protocol Pendle (PENDLE) looks poised to start a new uptrend. The analyst shares a chart suggesting that PENDLE has successfully retested the neckline of an inverse head and shoulders pattern on the weekly chart, indicating that the altcoin is in a position to move higher. “Technically, PENDLE has performed a good weekly close above the $4.48 (blue) level Two weeks ago, PENDLE broke blue as resistance. Last week, PENDLE successfully retested it as support. This week, PENDLE needs to continue holding here to lift-off.”  Source: Rekt/X An inverse head and shoulders pattern is a bullish reversal structure suggesting that demand for an asset is on the rise as inves
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