Binance Square
LIVE
LIVE
MarsNext
--13.4k views
💥💥💥 #Altcoins👀🚀 Primed for All-Time Highs: This Week’s Best Altcoins to Watch Bitcoin's stability around $66,000 could spark interest in altcoins, potentially driving them to new highs. While #bitcoin remains steady, traders are eyeing the altcoin market for opportunities. #PEPE❤️ is facing bearish pressure after a recent selloff from its all-time high of $0.0000115. Currently trading below the EMA20 trend line at $0.0000094, Pepe's price might rebound if it stays above the 20-day EMA of $0.00000958, potentially aiming for a new all-time high. #Render is also feeling the heat from bears but maintains strong buying demand above Fibonacci levels. Despite struggles to stay above the 20-day EMA at $10, Render's price surge of over 6% in the last 24 hours suggests bullish momentum. If buyers sustain the price above the descending resistance line, Render could target new all-time highs this week. #Bonk has seen a significant rise, currently trading at $0.000028 with a 12.5% increase in the last 24 hours. Buyers aim to keep the price above the 20-day EMA of $0.000026, potentially paving the way for a move towards the 50-day SMA and a new all-time high of $0.000059. Overall, the future of altcoins appears promising amidst technological advancements and increasing adoption. Investors should stay informed to navigate the volatile market effectively. Source - cryptonewsland.com

💥💥💥 #Altcoins👀🚀 Primed for All-Time Highs: This Week’s Best Altcoins to Watch

Bitcoin's stability around $66,000 could spark interest in altcoins, potentially driving them to new highs. While #bitcoin remains steady, traders are eyeing the altcoin market for opportunities.

#PEPE❤️ is facing bearish pressure after a recent selloff from its all-time high of $0.0000115. Currently trading below the EMA20 trend line at $0.0000094, Pepe's price might rebound if it stays above the 20-day EMA of $0.00000958, potentially aiming for a new all-time high.

#Render is also feeling the heat from bears but maintains strong buying demand above Fibonacci levels. Despite struggles to stay above the 20-day EMA at $10, Render's price surge of over 6% in the last 24 hours suggests bullish momentum. If buyers sustain the price above the descending resistance line, Render could target new all-time highs this week.

#Bonk has seen a significant rise, currently trading at $0.000028 with a 12.5% increase in the last 24 hours. Buyers aim to keep the price above the 20-day EMA of $0.000026, potentially paving the way for a move towards the 50-day SMA and a new all-time high of $0.000059.

Overall, the future of altcoins appears promising amidst technological advancements and increasing adoption. Investors should stay informed to navigate the volatile market effectively.

Source - cryptonewsland.com

إخلاء المسؤولية: تتضمن آراء أطراف خارجية. ليست نصيحةً مالية. يُمكن أن تحتوي على مُحتوى مُمول. اطلع على الشروط والأحكام.
0
استكشف أحدث أخبار العملات الرقمية
⚡️ كُن جزءًا من أحدث النقاشات في مجال العملات الرقمية
💬 تفاعل مع مُنشِئي المُحتوى المُفضّلين لديك
👍 استمتع بالمحتوى الذي يثير اهتمامك
البريد الإلكتروني / رقم الهاتف
مُنشِئ مُحتوى ذو صلة
LIVE
@MarsNext

استكشف المزيد من مُنشِئ المُحتوى

🔥🔥🔥 #cardano Faces Pressure Near 50-day SMA On Daily Chart; What to Do? Cardano ($ADA ) is currently encountering resistance near the 50-day Simple Moving Average (SMA) on the daily chart, indicating a potential decision point for market participants. For the third consecutive session on Wednesday, Cardano exhibited a bearish outlook on the daily chart. The bullish momentum, which had accumulated earlier in the week, proved unsustainable. Presently trading within a short-term range of $0.42 to $0.52, ADA is experiencing resistance at the upper boundary of this range. The failure of the bulls to surpass this level highlights a deficiency in upward momentum. At the time of writing, ADA/USD is valued at $0.48, marking a 0.21% increase for the day. However, the 24-hour trading volume has declined by over 24% to $374 million, suggesting that the recent price increase may lack robustness. Currently, ADA exhibits muted price action with no definitive directional bias. Should ADA manage to breach the 50-day SMA, it could potentially advance towards $0.51, and subsequently target the $0.56 high recorded on February 13. This perspective is reinforced by the Relative Strength Index (RSI), which remains above 50, indicating a bullish inclination. If bearish sentiment prevails, ADA may decline to the immediate downside target of $0.45, as seen on May 17. This could affirm the range-bound market and drive the price further towards the critical support at $0.42. In summary, Cardano (ADA) is at a pivotal juncture, characterized by a contest between bullish and bearish forces. Should the spot price decisively trade below the 50-day SMA, bearish momentum may dominate. Technical Indicators: - 50-day SMA: Positioned at $0.48, with the current price below this moving average. - RSI (14): Trading above 50, signaling a bullish bias. Support and Resistance Levels: - Support 1: $0.46 - Support 2: $0.42 - Resistance 1: $0.50 - Resistance 2: $0.52 Source - thecryptobasic.com #cryptocurrency #BinanceSquareTalks
--
🔥🔥🔥 #BlackRock Ready to Overtake #grayscale Amid Eight Days of #BitcoinETF Inflows Institutional Investors Intensify Focus on Bitcoin ETFs Amid Ethereum ETF Anticipation As the crypto community eagerly awaits the approval of spot Ethereum ETFs, institutional investors are increasingly focusing on Bitcoin ETFs. U.S. spot Bitcoin ETFs have seen outflows for eight consecutive days as of Wednesday, May 22. BlackRock Poised to Surpass Grayscale - On May 22, the net inflow for Bitcoin spot ETFs reached $154 million, marking an eight-day streak of net inflows, according to data from Farside Investors. However, Grayscale's GBTC experienced an outflow of $16.0914 million, while BlackRock's IBIT saw a significant single-day inflow of $91.9527 million. Additionally, Fidelity's FBTC recorded an inflow of $74.572 million on the same day. - This trend positions BlackRock to potentially overtake Grayscale as the largest Bitcoin ETF by assets under management. Bitcoin ETFs have collectively accumulated over 850,000 Bitcoins, with global ETFs approaching the 1 million BTC mark. Growing Global Demand for Bitcoin ETFs - On Wednesday, May 22, WisdomTree, a prominent global asset manager, achieved a significant milestone in cryptocurrency investment. The company received authorization from the U.K. Financial Conduct Authority (FCA) to introduce Exchange-Traded Products (ETPs) for Bitcoin and Ethereum on the London Stock Exchange (LSE). - Bloomberg strategist Eric Balchunas highlighted that only physically backed Bitcoin ETFs are permitted, with two from WisdomTree set to begin trading. Despite a retail ban remaining in effect, this move underscores the regulatory complexities surrounding these investment products. Market Outlook - According to Glassnode analytics, the Bitcoin market has been cooling off after months of significant distribution pressure. Despite modest capital inflows, the decrease in selling activity & reduced volatility suggest a potential for a significant market shift in the near future. Source - coingape.com #CryptoTrends2024 #BinanceSquareTalks
--
💥💥💥 PEPE's 175% Rally Continues, Will It Reach 200%? #bitcoin (BTC) Loses $70,000 Again, For How Long? Is #Solana⁩ (SOL) Entering Correction? PEPE's Recent Surge - $PEPE has experienced a significant recovery after initial momentum issues in early 2024 due to questionable holder composition. Recently, it surged by 175%, likely due to improved trader and investor sentiment, breaking multiple resistance levels. The 50-day moving average crossing above the 200-day moving average ("golden cross") and high trading volumes support this bullish trend. Although an RSI of 72 indicates overbought conditions and potential short-term pullback, the long-term outlook remains positive. Bitcoin's Struggle Around $70,000 - Bitcoin recently hit $70,000 but is now around $69,700. Optimism for a rebound is supported by strong on-chain metrics: 97% of BTC holders are profitable, and whales hold 11% of BTC, reducing sell-off risks. High transaction volumes, with significant trades exceeding $100K totaling $93.77 billion, and balanced exchange inflows/outflows at around $9.7 billion indicate investor confidence. Market sentiment is generally optimistic, bolstered by potential ETF approvals and growing investor interest, which could help BTC surpass $70,000 again. Solana at $180 - Solana has reached $180, showing strong performance and boosting profitability. However, technical indicators suggest a possible correction phase, with RSI nearing overbought territory and a key resistance level being hit. Historically, Solana faces sharp corrections after significant rallies. Despite strong fundamentals and ecosystem growth, it remains vulnerable to short-term market corrections, especially if major #cryptocurrencies decline. The interconnected nature of the crypto market means a decline in leading assets could exert downward pressure on Solana as well. Source - u.today #CryptoTrends2024 #BinanceSquareTalks
--
💥💥💥 Best Crypto to Buy Now May 22 – #dogwifhat , #bittensor , Dogecoin Crypto Market Update: Optimism Amidst Corrections Despite recent corrections, the crypto market remains optimistic, fueled by positive regulatory developments and anticipation of Ethereum ETF approvals. Here's a concise overview: 1. Market Overview: - Bitcoin (BTC) saw a slight decline, trading above $69,000. - Ethereum (ETH) maintained levels in the mid-$3,700s. - Solana (SOL) hovered just under $180. 2. Key Developments: - The SEC is expected to approve spot Ethereum ETFs soon, potentially leading to launches in the coming weeks. - Bipartisan support for a significant crypto bill in the US House signifies progress in regulating the SEC's stance on crypto. - The Fed expressed ongoing concerns about inflation, but positive crypto news overshadowed this. 3. Market Sentiment: - Bullish sentiment prevails, driven by the anticipation of Ethereum ETF approvals and favorable US regulation. - Bitcoin could retest yearly highs near $74,000, and Ethereum may surpass $4,000, remaining over 20% below its 2021 highs. 4. Investment Opportunities: For higher returns, consider smaller altcoins with greater potential: - Dogwifhat (WIF): Showing 7.6% growth, priced near $3.0, with a $3 billion market cap. - Bittensor (TAO): Exhibiting momentum, priced at $483, with a $3 billion market cap. - Dogecoin (DOGE): Forming an ascending triangle, pushing towards $0.17 resistance. 5. Conclusion: - While Bitcoin and Ethereum remain strong, smaller altcoins like Dogwifhat, Bittensor, and Dogecoin offer potential for quick gains. - Stay informed about regulatory developments and market trends for informed investment decisions. Source - cryptonews.com
--

آخر الأخبار

عرض المزيد
خريطة الموقع
Cookie Preferences
شروط وأحكام المنصّة