Bitcoin News Today TheBitTimes.com

The Hedera price soared 38% in the last 24 hours to trade at $0.142 as of 02:27 a.m. EST on trading volume that skyrocketed 112% to $3.36 billion. This comes as Donald Trump nominated Brian Brooks, a former Binance CEO and board member of the Hedera Foundation, to be the next U.S. Securities and Exchange Commission (SEC) chair. Brooks has been a prominent figure in the crypto industry, and has a strong background in financial regulations. Hedera Price Could Continue Soaring The Hedera price has experienced a parabolic rise, breaking out of a previously sideways phase within the $0.056 level, according to data from GeckoTerminal. HBAR now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), which confirms the sustained bullish trend. The Relative Strength Index (RSI) above 70, currently at 73, indicates the asset is in the overbought zone. This suggests the bullish momentum might slow down or lead to a temporary correction as traders take profit. Additionally,...

The Bonk price plunged 5% in the last 24 hours to trade at $0.00002111 as of 3.30 a.m. EST on trading volume that slumped 11% to $136.75 million. The popular meme coin’s price has made an attempt to climb over the past few days, only for it to be rejected after reaching the value of $0.0000225. The token dropped back to a support at $0.00002100, hence the 5% drop in the last 24 hours. But it has also started a new meme contest on X that might bring the community closer together during times of uncertainty. The contest started yesterday and it offers users the chance to win a prize from a pool of 420 million BONK. Are you the top BONK memelord? Time to find out❗❗❗ Starting TODAY, Meme The Dog here on X for a chance to win 420 Million $BONK👀 Details👇 pic.twitter.com/qJI2JzFcto — BONK!!! (@bonk_inu) October 30, 2024 All that contestants need to do is post their memes on X and tag BONK. After that, they can submit their memes on the...

The SuperRare price surged over 30% in the last 24 hours to trade at $0.2684 as of 6:55 a.m. EST as investors accumulate the meme coin at a rapid pace. With this strong 24-hour performance, the RARE price added to an impressive weekly gain that now stands at 228%. The SuperRare Price Attempting To Flip Resistance Into Support 4-hour chart for RARE/USD (Source: GeckoTerminal ) The SuperRare price is trading in an ascending price channel after it printed a series of higher highs and higher lows on the 4-hour chart over the past 24 hours. Now, the crypto is attempting to flip the resistance level at $0.2718 into support. Closing a 4-hour candle above this threshold could give the crypto the technical foundation needed to rise to the next mark at $0.3458. This bullish thesis might be invalidated if the SuperRare price is rejected by the $0.2718 resistance level. In this alternative scenario, RARE could test the immediate support level at $0.1979. Falling below this key price poin...