Altcoin News Daily Official TheBitTimes.com

Shiba Inu’s 2x rally prediction has got crypto traders pretty excited right now as a market analyst forecasts a potential doubling in value soon. With no less than five consecutive days of gains, this popular meme coin is showing renewed strength amid all this cryptocurrency market volatility, so let’s take a closer look at what’s driving this surge. Also Read: Cronos Jumps 7.51% to $0.113: Will CRO Keep Rising in April? Analyzing Shiba Inu’s 2x Rally: Key Factors Driving the Price Surge Source: Watcher Guru Descending Channel Breakout The Shiba Inu 2x rally prediction comes from World of Charts, who identified this bullish price action thing in the SHIB/USDT chart. In his Wednesday Analysis , he basically highlighted how SHIB is approaching a breakout from a multi-month descending channel that formed after December’s high. $Shib #Shib Breaking Descending Channel Range, Successful Breakout Could Lead Solid Rally In Coming Days, Expecting 2x After Successful...

More than $160 million was liquidated from leveraged positions over the past 24 hours after the Bitcoin price dropped below $58K to trade at $57,934.13 as of 3:20 a.m. EST. The majority of the liquidations throughout the past day of trading were long positions, with bullish traders seeing over $134 million wiped out from their positions, according to Coinglass data. Meanwhile, more than $31 million was liquidated from short positions. Bitcoin And Ethereum Lead In Liquidations As Sentiment Reaches “Extreme Fear”  The total crypto market cap dropped over 5% in the last 24 hours. This is after all of the top 10 biggest cryptos by market cap suffered losses during the past trading session. Toncoin ( TON ) took the biggest hit, and shed more than 7% of its value. Dogecoin (DOGE) was the next biggest loser after its price also plunged over 7%. Market leaders Bitcoin and Ethereum (ETH) both dropped over 4%. BTC and ETH accounted for the majority of the liquidations in ...