Features Crypto News by Thebittimes.Com

A closely followed crypto analyst says that one layer-2 altcoin looks primed to more than double up in price while updating his outlook on the top two digital assets by market cap. In a new thread, crypto trader Michaël van de Poppe tells his 801,200 subscribers on the social media platform X that Ethereum (ETH)-based layer-2 scaling solution Arbitrum (ARB) is on the cusp of sparking a massive rally that could see it surge by about 124%. “ARB has broken out of the range after six months of consolidation. Very likely we’ll start a new uptrend, and the next target zones are $0.95-1.00 and $1.15-1.20.” Source: Michaël van de Poppe/X ARB is trading for $0.523 at time of writing, a 3.2% decrease on the day. Moving on to the flagship digital asset, Van de Poppe says that Bitcoin (BTC) is clearly in an uptrend after setting a new all-time high (ATH) but notes that there will be dips along the way. “Bitcoin prints a new ATH and takes the liquidi...

The Book Of Meme price surged more than 16% in the last 24 hours to trade at $0.01014 as of 11:24 p.m. EST as investors FOMO buy the meme coin. With the recent uptick in the BOME price, the crypto was also able to push its weekly performance back into the green. As a result, the meme coin is now up 11% over the last 7 days as well. The Book Of Meme Price Breaks Resistance 4-hour chart for BOME/USD (Source: GeckoTerminal ) The Book Of Meme price rose above the major resistance level at $0.00938 in the last couple of hours and is attempting to break above the next technical obstacle at $0.01047. Should the meme coin successfully break above this threshold in the next 12 hours, it could keep climbing to potentially reach as high as $0.01150. On the other hand, a rejection from the $0.01047 resistance in the next 8 hours could invalidate the bullish thesis. In this alternative scenario, the Book Of Meme price might end up falling below the recently-breached $0.00948 mark and possi...