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Celo Price Poised for Bull Run: Target Price Set at $1.08

• Celo was trading with a bullish bias around $0.754 as buyers focused on undoing last week’s losses.
• A bullish cup-and-handle chart pattern has been identified, setting CELO up for a bull run.
• Support areas have been identified at the $0.60 psychological level, $0.563 50-day SMA, and the major demand zone at $0.48, with a target of $1.08.

Celo has been trading with a bullish bias in the last week, with buyers focusing on undoing the losses that occurred over the past few days. This has resulted in the formation of a bullish cup-and-handle chart pattern, which is a typical indicator of a bullish trend. This suggests that the price of Celo is poised for a major rally, with the target price set at $1.08.

The technical analysis of the Celo price chart has revealed that the turndown that occurred between Monday and Tuesday last week offered late investors a chance to buy the altcoin at a discount. This was followed by a sharp decline of 41% towards the $0.45 support level. Bouncing off this level, the price embarked on a recovery that was sustained for more than two weeks before being rejected by the same barrier. This price action has led to the appearance of a bullish cup-and-handle chart pattern, setting CELO up for a bull run.

At the time of writing, the Celo price is trading above the $0.735 demand zone, embraced by the 200-day simple moving average (SMA). The next line of defense on CELO’s downside is the 100-day SMA currently at $0.587. Additional support areas can be found at the 50-day SMA at $0.563 and the major demand zone at $0.48. Market participants can expect these buyer congestion areas to provide the hindwinds required to push the price higher over the next few days.

The Moving Average Convergence Divergence (MACD) indicator is also moving upwards, with the MACD line above the signal line. This suggests that the bulls are gaining the upper hand, leading to the emergence of a short-term bullish trend. The Relative Strength Index (RSI) is currently situated at the 64 level, indicating that the market is neither overbought nor oversold.

All in all, the technical indicators suggest that the Celo price is primed for an upswing, with the target price set at $1.08. Investors should keep an eye out for any potential reversal signals or price corrections in the coming days, as these could signal a shift in market sentiment.

Bitcoin Price Prediction Gains 2.37% as Bulls Take Control

• Bitcoin price prediction gains 2.37% as bulls take control of the market
• Bitcoin price is now at $23,208, with a market cap of $445 billion and a circulating supply of 19.2 million
• For the Bitcoin price to break above the $25,000 resistance level, the bulls must continue the upward movement above the 9-day and 21-day moving averages

As the crypto market continues to evolve, the Bitcoin price prediction is showing an upward trend. Over the past few days, the Bitcoin price has been steadily increasing, and it is currently trading at the $23,208 resistance level above the 9-day and 21-day moving averages. This comes after the king coin touched the daily high at $23,375, which is a 2.37% gain from the opening price of $22,671.

The bulls are working hard to nurture a bullish trend, and if they can continue the upward movement above the 9-day and 21-day moving averages, then the Bitcoin price could break above the resistance level of $25,000. The purpose of this movement is to provide a resistance level that is above the upper boundary of the channel as the technical indicator Relative Strength Index (14) keeps moving within the overbought region.

However, there is a chance of a quick retracement or sell-off should the Bitcoin price fail to break above the resistance level. This could be a result of selling pressure from the bears, as well as profit-taking from the bulls. To avoid this, the bulls must strengthen their position and continue to push the price higher.

In conclusion, the Bitcoin price prediction is showing a bullish trend, and if the bulls continue to take control of the market, then there is a possibility of the price reaching the resistance level of $25,000. However, if the Bitcoin price fails to break above the resistance level, then there could be a quick retracement or sell-off.

Donald Trump’s NFT Collection: Prices & Sales Soar 600% in 2 Days

• Donald Trump’s Digital Trading Card NFT collection initially sold out, then prices and sales skyrocketed before abruptly plummeting.
• Sales have recently started to soar once again, with total daily sales volume increasing by approximately 800%.
• Average sale prices have also increased, with the cheapest-listed NFT currently worth $454 worth of ETH.

The NFT market has been incredibly volatile lately, and much of it has been condensed into the first five weeks of Donald Trump’s NFT collection’s existence. The collection, which features digital trading cards with images of the former president, was initially mocked upon its release. However, the cards sold out quickly, and the prices and sales skyrocketed before abruptly plummeting.

Recently, the sales of the official Trump Digital Trading Card collection have started to soar once again. From Tuesday to Wednesday, the total daily sales volume increased by approximately 800%, going from about $34,000 to over $306,000. Data from analytics platform CryptoSlam, which currently shows almost $241,000 in sales so far today, supports this. The site’s 24-hour trade volume increased by 1,900% at one point this morning in comparison to the prior reporting period.

As the number of NFTs sold increased from Tuesday to Wednesday, so did the average sale price. Tuesday saw 115 transactions in total, with an average sale price of $296 worth of ETH per NFT. But yesterday, the totals increased to 704 NFTs exchanged at an average price of $435 per. The average price of sales so far today is roughly $670.

Data from NFT Floor Price also shows that the starting price has roughly doubled from $235 worth of ETH at the beginning of Wednesday to $454 as of this writing. NFT Floor Price tracks the price of the cheapest-listed NFT for projects across prominent marketplaces. This morning, it reached $500 momentarily.

Despite the recent surge in sales and prices for Donald Trump’s NFT collection, it remains to be seen if it will be able to retain its current level of popularity. Still, it’s an interesting development in the ever-evolving NFT market, and it will be interesting to see how the sales and prices continue to fluctuate in the coming days and weeks.

FSS Develops Crypto Monitoring Tools to Protect South Korean Investors

• The Financial Supervisory Service of South Korea is creating new instruments to continuously monitor crypto threats.
• FSS Governor Lee Bok-hyun reportedly disclosed that the agency plans to develop crypto monitoring tools and regularly inspect the risks associated with crypto assets.
• Data security, the FSS director emphasized, „is more crucial than anything else in order to prevent hazards in the virtual asset market.“

The Korean Financial Supervisory Service (FSS) is taking steps to ensure the safety of cryptocurrency investments in the country. In a recent conference, FSS Governor Lee Bok-hyun announced that the agency is creating new tools to monitor crypto threats.

Lee explained that the agency must have access to data in order to identify potential risks associated with crypto assets. To this end, the FSS plans to develop crypto monitoring tools and regularly inspect the risks. This will help the FSS keep an eye on the crypto market’s potential to disrupt the traditional financial system.

The governor also stressed the importance of data security for preventing hazards in the crypto market. He believes that data security is more important than anything else when it comes to preventing dangers in the virtual asset market.

In addition, the FSS is preparing a number of efforts for the risk management of the virtual asset market this year. This includes new disclosure requirements for crypto exchanges, as well as measures to protect investors from fraud and malicious activities.

The FSS is committed to ensuring the safety of cryptocurrency investments in South Korea. With the development of crypto monitoring tools and regular risk assessments, the FSS will be able to identify threats and protect investors from potential losses. In addition, new disclosure requirements and security measures will help ensure the integrity of the crypto market and protect investors from fraud.

Coinbase Listing Ignites KAVA Price Rally, Price Skyrockets to $1.1

• Kava price skyrockets to $1.1 after Coinbase listing
• Kava is up 9% to trade at $1.02 during the early European session on Thursday
• Coinbase lists KAVA, igniting Kava price rally

The crypto market was buzzing with excitement on Wednesday after the US-based exchange, Coinbase announced that it will add support for KAVA (KAVA) on the Kava network. This news was met with enthusiasm as crypto investors rushed to be the first ones to buy the decentralized blockchain token.

The listing of KAVA on Coinbase pushed the token’s price up significantly. Kava price broke past several stubborn resistance zones and blasted through the seller congestion zone at around $0.80. Bulls were able to stretch the token past the $1.00 mark, reaching the $1.10 mark for the first time since early November. At the time of writing, Kava is up slightly over 9% to trade at $1.02 during the early European session on Thursday.

The listing of KAVA on Coinbase has given many investors in the crypto market an opportunity to invest in the decentralized blockchain token. KAVA is tapping the power of both the Cosmos and Ethereum networks, making it a great investment opportunity. Coinbase has warned investors not to send the token to other networks but to the Kava network, to avoid losing funds. Inbound transfers for KAVA have been supported on Coinbase and Coinbase Exchange in the regions where trading is allowed.

The future of KAVA looks bright as the listing on Coinbase has opened up the token to a wider audience. This has, in turn, resulted in an increase in its price and many investors are hopeful that the price will continue to rise. With the current price of $1.02, many investors are viewing this as a great opportunity to invest in this promising token.

Overall, the listing of KAVA on Coinbase has been met with great enthusiasm and the token has seen an impressive price surge. With its increasing popularity, KAVA is becoming an attractive investment option for many investors. Investors are advised to take advantage of this opportunity and invest in KAVA for greater returns in the future.

Ripple CEO Optimistic About Upcoming Court Ruling in SEC Dispute

• Ripple CEO Brad Garlinghouse has said that he is optimistic about the company getting a ruling about its legal dispute with the Securities and Exchange Commission (SEC) soon.
• The legal spat between the U.S. SEC and Ripple started in 2020 when the regulator alleged that the crypto company and its executives had unlawfully sold XRP, a crypto developed in 2012, to investors without registering it as a security.
• Ripple denied the allegation saying that the XRP token should not be viewed as an investment contract and is used in the company’s business of facilitating cross-border transactions between banks and other financial entities.

Ripple CEO Brad Garlinghouse recently expressed his optimism about the resolution of the legal dispute between the company and the U.S. Securities and Exchange Commission (SEC). During an interview with CNBC’s Squawk Box Europe, Garlinghouse, who is also a defendant in the legal drama, said he expects the ruling to come in the first half of 2023.

The legal spat between Ripple and the SEC started back in 2020 when the regulator accused the company and its executives of unlawfully selling XRP, a crypto developed in 2012, to investors without registering it as a security. In response to the allegations, Ripple denied any wrongdoings and stated that the XRP token should not be viewed as an investment contract and is used in the company’s business of facilitating cross-border transactions between banks and other financial entities.

Both the accuser and the defendant submitted their last series of briefs in December 2022. While the SEC is seeking a summary judgement in its favor, Ripple is arguing that the court should dismiss the case. In the meantime, Garlinghouse is optimistic that the judge will make a ruling in the first half of 2023. He noted that he feels “very good about where we are relative to the law and the facts.”

The legal dispute between Ripple and the SEC has been closely watched by the crypto community, as the ruling could potentially have far-reaching implications for the industry. If the court rules in favor of the SEC, it could set a precedent that could affect the future of crypto regulation in the U.S. On the other hand, if Ripple wins the case, it could open the door for other crypto companies to challenge the SEC’s authority.

It remains to be seen how the case will play out, but it is clear that the crypto community will be closely monitoring the developments. Although Garlinghouse is optimistic about the resolution of the case, it is unclear exactly when the judge will issue a ruling. In the meantime, Ripple will continue to fight for its rights in court.

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