Author: Yeek.io

A recent technical analysis of Dogecoin’s price chart on the weekly candlestick timeframe has revealed a compelling outlook for the meme coin’s long-term trajectory. According to the analyst, Dogecoin is currently the only meme coin capable of delivering a 5-10x return. The prediction is rooted in the analysis of Dogecoin price action using the Elliott Wave theory, with a detailed count of impulse waves indicating that the meme coin is currently in a significant macro uptrend phase. Dogecoin’s Fifth Impulse Wave And Its Sub-Wave Structure This Elliott Waves technical analysis, which was noted on social media platform X by crypto…

Este artículo también está disponible en español. Ether supply on exchanges is now at a 9-year low: specifically 18.95 million ETH as of February 18, at the time of writing. This suggests investors are now moving $ETH into cold storage, presumably for long-term HODLing purposes. If the ecosystem is overall looking to hold, rather than trade Ether, the historic all-time lows supply significantly increases the odds of ‘supply shock’ occurring, which would inevitably power an $ETH bull run and skyrocket the price. Basic economics dictate that a supply shock happens when the demand of an asset exceeds the supply, creating…

The Ethereum Foundation has announced the launch of a new framework aimed at simplifying cross-chain asset transfers across the Ethereum ecosystem. Ethereum (ETH) developers introduced the Open Intents Framework alongside major layer-2 networks, wallets, and infrastructure providers. The initiative is designed as a public good to standardize cross-chain transfers. As an ecosystem-wide interoperability effort, the Open Intents Framework provides a modular infrastructure platform that developers across different chains can integrate to offer users a seamless cross-chain transaction experience. With Ethereum evolving into a multi-chain ecosystem, intents play a critical role in enhancing user interactions. Their adoption allows users to access…

Are you excited to invest in SUI? Is SUI a good investment at the moment? For a clear view, it is essential to analyze the SUI price action in the crypto market. But, many market participants don’t know where to begin the analysis process. No worries. Dive in with us to analyze the last 24 hours of SUI price movement on the daily chart.  SUI Price Analysis For the Past 24 Hours On February 18, SUI trading day experienced a dynamic price action, demonstrating a strong downward trajectory. At 05:10 UTC, the SUI price broke the support at $3.1507, breached…

The US-based stock exchange Nasdaq has proposed introducing new listing and trading rules for digital asset-based investment products. Notably, the proposal focuses on reclassifying the listing and trading of the Hashdex Nasdaq Crypto Index US ETF. What’s Nasdaq Rule 5712? In a recent filing, Nasdaq, the prominent US-based stock exchange, proposed to introduce new rules, called the Nasdaq Rule 5712. The proposal intends to allow the listing and trading of digital asset-based investment interests. Notably, these interests encompass securities issued by entities holding digital assets, as well as investment products derived from commodities, cash, derivatives, or other sources. Significantly, the…

DOT approaches the crucial $3.74 support, with a potential reversal if it holds strong. Rising social volume and Open Interest indicate growing investor attention and optimism for a bounce. Polkadot [DOT] is currently facing a pivotal moment in its price action, approaching the critical $3.74 support level, which could determine its next major price move. At press time, Polkadot was trading at $4.78, reflecting a 1.59% increase.  The cryptocurrency has recently faced downward pressure, which has brought it closer to key support zones. However, the real question is whether $3.74 will act as a strong enough support to fuel a…

Dogecoin (DOGE)  is once again making waves in the crypto market. This time, it’s due to a fascinating technical pattern forming on its price chart: a symmetrical expanding triangle. Known for signaling periods of heightened volatility and potential breakout opportunities, this pattern has traders and investors on the edge of their seats, wondering what’s next for DOGE. The symmetrical expanding triangle is a rare and dynamic formation, marked by its widening price range and converging trendlines. For Dogecoin, this pattern reflects a tug-of-war between bulls and bears, with neither side gaining a clear upper hand yet. As the triangle continues…

XRP’s price trajectory has had ups and downs in the past two weeks. Particularly, the large part of the past seven days was characterized by a notable decline from $2.8 to $2.5 before rebounding at this level.  Interestingly, this fall towards $2.5 was highlighted by a crypto analyst on the TradingView platform, who also noted a breakout potential. Crypto analyst TehThomas previously identified the $2.5 level as a key Fair Value Gap (FVG) that could act as strong support and recent price movements suggest that buyers are now stepping in after hitting this level.   XRP Tests Key Fair Value Gap…

A Revolutionary Card Game for the Modern Era Prepare for a seismic shift in the world of trading card games! Honor VS Madness (HVM) isn’t just another digital TCG – it’s a revolution that will redefine your gaming experience. The $GG token just went live on BNB Chain and this is your chance to get into the next jaw-dropping TCG ecosystem. Imagine stepping into a breathtaking 3D battlefield where your cards come to life, commanding epic duels that blend strategic turn-based gameplay with heart-pounding live-action combat. But HVM doesn’t stop at jaw-dropping visuals. For the first time, players can truly…

The crypto world is buzzing about political memecoins, sparked by the controversial  TRUMP/MELANIA launch, and their potential role in real politics. The question is whether this is good or bad for crypto, America, or humanity. (Binance Research on X) Memecoins, born from nihilism, were the “defining [crypto] narrative of 2024.” However, the shine has faded from previous leaders, including $TRUMP, due to capital dispersion. New tokens create pressure from profit-taking and competition. Now people are searching — and finding! — use cases for “useless-by-design” memecoins. And among these, political speculation, with the potential for campaign financing, seems to resonate most…