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Showing posts with the label presale funding

Dogwifhat Price Prediction: WIF Soars 9% As This Solana Layer-2 ICO Blasts Past $18M

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The Dogwifhat price has soared 9% in the last 24 hours to trade at  $0.8321 as of 4:00 a.m. EST on a 47% plunge in trading volume to $446 million. Dogwifhat Price Eyes Potential Rebound Within A Channel The WIF/USDT daily chart shows that the WIF price is currently testing a critical support level around $0.80, which aligns with a double-bottom formation. This support zone is significant as it can trigger a bullish reversal if it holds. For the past few months, WIF/USDT has been trading within a well-defined bearish channel characterized by lower highs and lower lows. However, the ongoing retest of the major support zone suggests that sellers might lose momentum. If the price successfully rebounds from this level, the first key resistance to watch is $1.00, followed by $2.32 and $2.77. A breakout above these levels could drive the price toward the $3.00 – $3.50 range, confirming a trend reversal. WIFUSD Analysis Source: TradingView The Relative Strength Index...

XRP Price Soars 7% As Brad Garlinghouse Says Ripple’s RLUSD Stablecoin Is Approved, While Traders Rush To This ICO Before It’s Too Late

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The XRP price has jumped 6.8% in the last 24 hours to trade at $2.34 as 3:25 a.m. EST on a 13% pump in trading volume to $26 billion. This surge in the Ripple token’s price comes after Ripple CEO Brad Garlinghouse announced on Tuesday that the New York Department of Financial Services (NYDFS) approved the launch of its stablecoin, RLUSD. This just in…we have final approval from @NYDFS for $RLUSD! Exchange and partner listings will be live soon – and reminder: when RLUSD is live, you’ll hear it from @Ripple first. — Brad Garlinghouse (@bgarlinghouse) December 10, 2024 RLUSD is a stablecoin designed to maintain a 1:1 peg to the US Dollar. Like popular stablecoins such as USDT and USDC, Ripple asserts that RLUSD will be backed by actual US Dollar deposits, short-term government treasuries, and other cash equivalents. XRP Price Rebounds On A Double Bottom Pattern The XRP/USDT trading pair, in the 4-hour timeframe, presents an interesting setup with a c...