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Quant Loses Important Support, Threatens To Fall To $85

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May 15, 2024 at 10:53 // Price Author Coin Idol The price of Quant (QNT) is in a sideways trend and is falling below the moving average lines. Long-term forecast for the Quant price: ranging The bulls have already stopped the decline above the $91.50 support level while the price continues its sideways trend. In previous price action, the bears broke through the critical support at $100, which is now a resistance level or the 21-day SMA. QNT is currently in a downtrend and reached a low of $94. If the bears breach the $91.50 support level, the mark
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Is It Too Late To Buy PEPE? Pepe Price Surges 10% As The Crypto Fear And Greed Index Signals Greed And Traders Flock To This ICO Before Time Runs Out

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The Pepe price soared 10% in the last 24 hours to trade at $0.00001092 as of 11:50 p.m. EST on trading volume that rose 84% to $3.79 billion. This comes as the Crypto Fear & Greed Index shifts to a reading of ”Greed,” currently at 64, indicating that investors are less risk averse and eager to buy more amid a fear of missing out. Pepe Price Set To Register A New ATH Over The Bullish Pennant PEPEUSD Chart Analysis Source: GeckoTerminal.com The Pepe price has been on a tear in the last month, rising 113% to a new all-time high (ATH) of $0.0000118 on May 14, data from GeckoTerminal shows. The price has been fluctuating within this level, with the $0.00000886 mark serving as a support for the bulls to keep pushing the price above. PEPE currently trades above both the 50-day and 200-day Simple Moving Averages (SMAs), a confirmation of the bullish potential to the upside. Moreover, the Relative Strength Index (RSI) is rebounding from the 50-midline level, currently above the 70
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Shiba Inu (SHIB) Predicted to Rally 240%: Here's When

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Shiba Inu (SHIB) has been among the best-performing assets of the last four years. From its launch in August 2020 to its all-time high in October 2021, SHIB’s price rallied by many million percent. The feat solidified SHIB’s name as a millionaire-maker. However, the popular dog-themed cryptocurrency’s price has struggled since its 2021 peak. Despite its lackluster performance in 2022 and 2023, Shiba Inu (SHIB) fans might be in for a treat this year. According to CoinCodex, SHIB’s price could surge to $0.00008009 on June 11, 2024. Hitting $0.00008009 from current levels would translate to a growth of nearly 240%. Source: CoinCodex Also Read: Shiba Inu: Machine Learning AI Predicts SHIB’s Price for May 15 Changelly also paints a bullish picture for Shiba Inu (SHIB) over the next few weeks. The platform predicts SHIB to hit $0.00007734 on June 8. 2024. Hitting $0.00007734 from current levels would translate to a growth of about 227.5%. When will Shiba Inu (SHIB) re
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BRICS Ditches US Dollar, Settles $4 Billion Trade in Local Currencies

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BRICS members India and Russia ditched the US dollar and settled payments worth $4 billion in local currencies. Russian exporters purchased Indian-made arms and equipment for defense purposes and cleared the payment using the rupee. The US dollar played no role in the cross-border trade making local currencies the sole beneficiary of the transactions. Also Read: BRICS : 2 New Countries Agree To Ditch US Dollar The BRICS alliance kick-started the de-dollarization agenda and is moving in the direction of using local currencies for cross-border transactions. Read here to know how many sectors in the US will be impacted if BRICS ditches the dollar for trade. BRICS: India & Russia Settle Trade Worth $4 Billion in Local Currency, Ditch the US Dollar Source: Freepik.com The Russian exporters held $8 billion in reserves in India’s special Vostro bank account for global exchange of trade settlement. Now, 50% of the funds have been used to settle arms payments in the rupe
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Is It Too Late To Buy WIF? WIF On ETH Price Soars 43,887% As Analysts Say This Might Be The Next Meme Coin To Explode

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The WIF On ETH price has surged 43,887% in the last 24 hours to trade at $0.002913 as of 7:10 a.m. EST and is trending in second place on Dextools.io. WIF On ETH Price Trades Within The Rising Channel The WIF price shows a battle between the bulls and bears trying to control it, resulting in a rising channel pattern. This pattern suggests strong buying pressure. WIFUSD Analysis . Source: Dextools.io Despite the bears’ recent correction, the bulls are poised to drive the price higher and push it above the $0.003508 all-time high, indicating a bullish trend reversal on the lower trendline of the rising channel. Moreover, the price currently trades above the 50 and 200 simple moving averages (SMA), indicating support for the WIF’s upward trajectory and reinforcing general bullish market sentiment. The MACD line is above the signal line, and a green histogram indicates growing investor interest.  Moreover, the Relative Strength Index (RSI) indicates a rebound from the midline lev
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R. Kiyosaki warns US dollar to crash as ‘BRICS gold crypto’ emerges

Amid warnings of a major financial crash , famous investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ Robert Kiyosaki, has shared his views on why the United States dollar , in particular, might suffer as a new currency threatens its global domination. Specifically, Kiyosaki was visiting South Africa, “watching and listening to rumors of what will happen when BRICS nations, Brazil, Russia, India, China, South Africa produce BRICS crypto, possibly backed by gold,” as he told his followers in an X post published on May 12. Hyperinflation on horizon Indeed, according to the renowned finance educator, if the rumors are true, this would mean a loss of value to the US dollar and a hyperinflation in the US, and he recommended investing money in alternative assets instead, including gold, silver, and Bitcoin (BTC) to protect oneself against this crash: Picks for you Hacker returns $71 million worth of crypto to phishing victim 15 hours ago
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Dispute Between Deutsche Bank and Tether Over Stablecoin Stability Report

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In a contentious interaction, Tether, a leading stablecoin operator, has vociferously criticized Deutsche Bank following the publication of a report that casts doubt on the vi ability of stablecoins, including Tether’s own USDT. The report, dated May 7, speculated on the possibility of a destabilizing “peso moment” similar to the 2022 implosion of Terraform Lab’s TerraUSD (TUSD), which erased about $40 billion from the market in mere days. Analysis of Stability Concerns and Transparency in Tether’s Operations Highlighted by Deutsche Bank Report Deutsche Bank’s Analysis , which reviewed 334 currency pegs over the past 223 years, determined that nearly half of these pegged currencies failed within their median lifespan of eight to ten years. This historical perspective led Deutsche Bank analysts to predict considerable volatility and eventual depegging incidents within the cryptocurrency stablecoin sector. The analysts highlighted a general lack of transparency and susceptibility to s
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