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#Crypto News

Crypto Price: 6 Price Updates You Cannot Miss

Crypto Price Prediction: ETH will likely rally to $2,550 following recent bullish breakout

Crypto Price: Ethereum price validated the inverse head and should formation, which is a known bullish pattern. In the short-term timeframe, ETH is likely set to witness another 5% growth to meet the target price set by the pattern. Price indicators also suggest room for further increases; however, ETH might not be able to breach $2,440.

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Crypto Price: Binance Coin Price Forecast: BNB buying opportunity before $400

Binance Coin price faces the MRI’s resistance level at $322, which is close to the range high of $337. Investors can expect a slowdown of the weekly candlestick that has registered nearly 24% gains this week. A swift rejection could see BNB revisit the $300 psychological level. A weekly candlestick close that flips the range high of $337 could be hinting at a potential retest of $400.

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Solana’s Scorching Rally Shows Ethereum Has a Serious Competitor

In 2021, Solana (SOL) gained hype as a faster, cheaper alternative to Ethereum for transactions and DeFi. However, 2022 brought challenges, with SOL’s value dropping below $10. Remarkably, SOL rebounded in 2023, reaching over $100 and becoming the fifth-largest crypto by market capitalization, showcasing its potential as a major player in the blockchain space.

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‘Revenge of the ETH’ – Is Ethereum’s 9% jump the start of something big?

Ethereum (ETH) experienced an 8.9% surge in price, reaching $2,392, after being outperformed by Solana (SOL) for months. This spike has revived bullish sentiment, with experts predicting further gains. Despite Solana’s substantial year-to-date growth, Ethereum’s recent rally and potential scaling solutions are drawing renewed attention to its capabilities and future prospects.

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Stock of Bitcoin’s biggest public holder is overvalued by 26%, analyst who predicted BTC rally says

10x Research, led by Markus Thielen, suggests MicroStrategy (MSTR) shares are 26% overvalued relative to Bitcoin’s price, advising a 20% downside. MSTR’s shares skyrocketed this year, but 10x’s analysis, based on the correlation with Bitcoin, recommends profit-taking, noting that while some crypto stocks still hold value, major gains have been made.

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100x Meme Coin, SpongeCoin Launches V2 – Is $SPONGEV2 The Next Crypto to Explode!?

The cryptocurrency sphere has seen meme coins like Sponge Token gain notable traction. Initially, Sponge Token (inspired by SpongeBob) achieved a 100x return for early investors. Now, its successor, Sponge Token V2 ($SPONGEV2), is set to launch, introducing innovative features like a Play-to-Earn mechanism and a stake-to-bridge model. This project aims for a $100 million market cap, leveraging its growing community.

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