China News Daily TheBitTimes.com

Macro guru Raoul Pal says layer-1 blockchain Sui (SUI) is getting ready for a new phase of outperformance despite its recent consolidation. On the social media platform X, Pal shares with his 1.2 million followers a chart suggesting that SUI has neared the bottom of a descending channel, and is finding support somewhere near the $2 level. “For those of you in Sui, these are my chart reads… Shorter term…” Source: Raoul Pal/X And zooming out, based on another chart, Pal sees SUI trading within a large triangle pattern, hinting at bullish continuation. “Longer term…” Source: Raoul Pal/X Says Pal, “My view is that as BTC breaks ATHs (all-time highs), [SUI] begins to outperform again and will remain in the top five majors in performance in this cycle. Patience! Greed, desperation or FOMO (fear of missing out) never works…” At time of writing, SUI is worth $2.82. The investor recently said that the tre...

A popular analyst says crypto market participants are overlooking a payments-focused altcoin that has been performing well over the past few months. The crypto strategist pseudonymously known as Altcoin Sherpa tells his 236,400 followers on the social media platform X that he believes XRP will print record highs before the market cycle comes to a close. But for now, the trader uses Fibonacci retracement levels to map out a decent support area for XRP bulls. “XRP will continue to be under-owned and slept on by crypto natives. I still think $2 is a reasonable buy and that this will break ATH (all-time high) by cycle end.” Source: Altcoin Sherpa/X At time of writing, XRP is worth $2.17. Looking at the memecoin Popcat (POPCAT), the trader believes that the Solana (SOL)-based crypto asset may be in the midst of ending its multi-week downtrend. “POPCAT this should be the relative bottom.” Source: Altcoin Sherpa/X At time of writing, POPCAT ...

Although cryptocurrency prices have been falling for a while, the overall feeling in the market remains positive. Recently, Bitcoin (BTC) has been struggling to get back to $70K and above, and Ethereum (ETH) is striving to stabilize at $2,700. However, identifying the next cryptocurrencies to explode might take some work as most funds are attracted to pumping assets. Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify coins with some potential and inform investors and traders about each token.  Next Cryptocurrency To Explode Today’s article discusses the performance of potentially explosive cryptos that investors should add to their watchlist. It also includes a special mention of Pepe Unchained, a new Pepe-themed meme coin launched on its Ethereum Layer 2 blockchain. Within minutes, it attracted over $150,000 in investments. The details of its presale and the performanc...