Toncoin (TON) Rejects From a Crucial Range: Will This Popular Altcoin Follow the Trend?
Table of Contents Toncoin (TON) Price Notcoin (NOT) Price The post Toncoin (TON) Rejects From a Crucial Range: Will This Popular Altcoin Follow the Trend? appeared first on Coinpedia Fintech News For a change, the crypto markets experienced a huge positive move during the weekend as the bulls continued to push the Bitcoin price above $65,000. Meanwhile, the popular altcoins Toncoin & Notcoin failed to attract traders’ attention, causing a massive pullback at the same time. However, both the tokens appear to have triggered a rebound, while the bulls remain off-shore. Will the prices of TON & NOT reclaim the crucial resistance today? Toncoin (TON) Price Toncoin price experienced yet another huge selling action during the weekend, dragging the levels close to $5 from the interim highs around $6.8. Although the bulls are attempting to revive a strong recovery by holding crucial support, the volume does not appear to be in their favour. Hence, the next few hours may be extremely important for the TON price rally, as a small negative price action may trigger another 15% by the end of the day.
The TON price has displayed a magnificent run over the past few months, aiming to mark a 2-digit figure at the earliest. The negative market sentiments hindered the rally, causing a 40% decline in its prices. While the Bulls have lately tried hard to elevate the levels that they did during the past weekend, the Bears have maintained their dominance. Moreover, they seem to be poised to drag the levels lower as the price is failing to defend the crucial support at the 200-day MA at $4.676. Besides the on-balance volume, OBV heads toward the lower threshold, signifying the growing strength of the bears. Therefore, the Toncoin (TON) price appears to be in danger, as a drop below the ascending support may drag the levels below $5 in no time. Notcoin (NOT) Price Being dissimilar to the market trend, the Notcoin price faced a massive setback during the past weekend. The bearish influence does not appear to have faded, as the bears have maintained their dominance over the token. With this, the NOT price may face another pullback anytime from now, which could cause a massive drop shortly.
Soon after the bullish start, the NOT price has been trading within a decisive triangle, while the bears have intensified their action before reaching the apex. Besides, the MACD has undergone a bearish crossover, suggesting the beginning of a fresh pullback. However, the bulls appear to be gaining strength as the OBV has halted its bearish trend. Moreover, the support at $0.00957 is offering a strong base and hence the price is expected to trigger a rebound soon. Therefore, the Notcoin (NOT) price is expected to remain within the pattern and reach the apex, which may pave the way for a bullish breakout, reclaiming the resistance at $0.15.
CARV Protocol envisions a future where digital identity, data ownership, and privacy are fundamentally transformed within the Web3 ecosystem. The protocol aims to lead this transformation by building a decentralized, user-centric platform that empowers individuals to take control of their digital lives. @CARV
Key Components of CARV's Future Vision: User-Centric Data Ownership: Self-Sovereign Identity: CARV envisions a world where users control their identities and personal data. Instead of relying on centralized platforms that own and exploit user data, CARV allows individuals to own, manage, and monetize their data on their terms. This self-sovereign identity model ensures privacy and security while enabling users to leverage their data for various purposes. Interoperability Across Platforms: Seamless Integration: CARV aims to create a seamless digital ecosystem where users can transfer their identities, assets, and data across different platforms without friction. This interoperability is critical for the future of Web3, as it fosters collaboration between platforms and services, enhancing the overall user experience and expanding the utility of digital assets. Decentralized Digital Economies: Empowering Digital Creators and Consumers: CARV is focused on building decentralized economies where users can participate in the digital marketplace as creators, consumers, or investors. By enabling the secure exchange and monetization of digital assets, CARV promotes a more equitable distribution of wealth and opportunities in the digital realm. Enhanced Privacy and Security: Data Protection: CARV's future vision emphasizes strong privacy and security measures, ensuring that users' data is protected from unauthorized access and misuse. This focus on security is essential for building trust in the decentralized digital ecosystem, where users are increasingly concerned about their privacy. Fostering Innovation: Supporting Web3 Development: CARV seeks to be a catalyst for innovation in the Web3 space by providing tools, APIs, and infrastructure that developers can use to create new applications and services. This support for innovation will help drive the growth of decentralized applications (dApps) and contribute to the broader adoption of Web3 technologies. Building a Global Decentralized Community: Inclusive and Accessible: CARV envisions a global community where everyone has access to the tools and resources needed to participate in the digital economy. By lowering barriers to entry and providing a decentralized infrastructure, CARV aims to democratize access to digital opportunities, making them available to people worldwide. Conclusion The CARV Protocol's future vision is ambitious, aiming to reshape the digital landscape by putting users in control of their data, identities, and assets. By fostering a decentralized, interoperable, and secure ecosystem, CARV is poised to be a key player in the evolution of Web3, driving innovation and empowering individuals in the digital age. #BinanceBlockchainWeek #CARVingTheFutureOfData #BinanceWeb3Airdrop #CryptoMarketMoves
🤔The Sui Blockchain is testing alternative methods like radio waves to enable offline crypto transactions for unbanked communities, even those without internet access.
#GROK USDT: Ready for a Move? 🚀 GROK is forming a falling wedge on the 4-hour chart, suggesting a potential bullish breakout! 📉➡️📈 Key Levels: - Support Zone: Around $0.004047**—holding here could mean a bounce back! 🔄 - **Golden Opportunity: If it dips to $0.002500, this could be a prime entry point for a rebound! 🎯 Upside Targets: Watch for a breakout towards $0.005000 and $0.006500. 📊 Keep an eye on these levels—a big move might be on the horizon! 👀
Could XRP Reach $20 if Bitcoin Hits $500,000? Experts Weigh In
Could XRP Reach $20 if Bitcoin Hits $500,000? Experts Weigh In Table of Contents Market Musing-g Could XRP Reach $20 if Bitcoin Hits $500,000? Experts Weigh In GEMGEMSBTCXRP
By Times Tabloid
Table of Contents Current XRP Market PerformanceBitcoin’s Influence on XRPWill XRP Hit $20? Crypto analyst King 100x Gems recently made a bold prediction that XRP could achieve double-digit values if Bitcoin reaches $500,000 during the current bull cycle. XRP, the token affiliated with Ripple, has been struggling to recover from recent market dips, but some analysts remain optimistic about its long-term potential. Current XRP Market Performance XRP, currently ranked as the seventh-largest cryptocurrency by market capitalization, has shown some recovery, with a recent 1.06% daily gain according to CoinMarketCap data. Despite this, the token is still down 2.48% over the past week and has declined 0.29% in the past 30 days. Nonetheless, many investors and market observers believe that XRP could see a significant rebound, potentially hitting new all-time highs (ATH), depending largely on the broader market conditions, particularly Bitcoin’s performance. Bitcoin’s Influence on XRP Bitcoin’s price movements have a well-established influence on the wider crypto market, and XRP is no exception. Many experts believe that if Bitcoin reaches a price of $500,000, XRP could experience a massive surge as well. King 100x Gems has predicted that XRP could hit $20 if Bitcoin climbs to this level by the end of the bull run. Currently trading at $0.5666, XRP would need to increase by 3,429.83% to reach $20. While this prediction may seem optimistic, the close correlation between Bitcoin and altcoins during market rallies lends some credibility to such forecasts. Other experts have echoed similar views. Armando Pantoja, a member of Benzinga’s crypto advisory council, also predicts that XRP could reach $20, though he places this target further out, possibly by 2026. Pantoja argues that XRP’s true value lies around $20, supported by factors like regulatory clarity, institutional adoption, and its utility in cross-border payment
$SOL is pumping from the horizontal zone I mentioned and has pumped up to 10% from there. However, since we are expecting BTC to dip further, I anticipate that SOL will move back toward its horizontal support range again. 📈📉 #Write2Earn! #BNBChainMemecoins #BinanceBlockchainWeek
XRP Sees Major Breakdown: What's Happening? Shiba Inu (SHIB) Paints Candlestick Reversal Pattern
XRP Sees Major Breakdown: What's Happening? Shiba Inu (SHIB) Paints Candlestick Reversal Pattern, Ethereum (ETH) Makes Catastrophic Move Table of Contents Market Musing-g XRP Sees Major Breakdown: What's Happening? Shiba Inu (SHIB) Paints Candlestick Reversal Pattern, Ethereum (ETH) Makes Catastrophic Move SHIBAETHSHIBXRPRVL
By U_Today
Table of Contents Shiba Inu sees candlestick reversalEthereum falls out
As conditions on the cryptocurrency market worsen, XRP is going through a major price breakdown. Following the U. S. government announcement, a widespread panic on the market led to the most recent decline in the price of XRP. Nvidia Corp. received subpoenas from the Department of Justice and additional businesses in a probe concerning antitrust. This action had a significant negative impact on the tech industry, which was reflected in the Nasdaq's steep decline and the cryptocurrency market. Ethereum fell under $2,400, and Bitcoin experienced a sharp decline to almost $56,000.
XRP/USDT Chart by TradingView One hundred and eighty minutes later, positions in cryptocurrency worth $118 million were liquidated, of which $107 million were long positions. XRP was negatively impacted by the strong selling pressure that had a domino effect on the altcoin market. In terms of technical analysis, XRP is currently trading in the $0.55 range, and recent trends indicate that the asset is finding it difficult to hold onto important support levels. The chart illustrates how XRP broke below its 50-day moving average, indicating a change in the trend toward bearishness. The asset is vulnerable to additional declines because it is currently moving below both the 200-day and 100-day moving averages, which is significant downward pressure. It looks that $0.52 is the immediate support level for XRP, but if the current bearish momentum holds, a decline toward $0.50 or even lower may be in store. Slowing buying pressure and increasing selling interest are indicated by the relative strength index (RSI) downward trend. It is unlikely to expect a quick recovery because of a combination of macroeconomically driven marketwide bearish sentiment and XRP's technical weakness. Shiba Inu sees candlestick reversal Shiba Inu is beginning to exhibit indications of a possible reversal following a stretch of steady declines. The hammer candlestick pattern that SHIB has formed in the most recent market action is usually a bullish indication that a reversal may be approaching. When an asset displays a long lower wick with a small body following a sell-off, it may indicate strong buying pressure and a potential trend reversal. But in the larger context where the whole cryptocurrency market is still experiencing pressure, this candlestick pattern appears. The U.S. Department of Justice's continuous investigation into Nvidia and possible antitrust violations has caused a tremor in the tech industry and precipitated significant drops in the Nasdaq and cryptocurrency markets. Famous cryptocurrencies like Ethereum dropped below $2,400, and Bitcoin dropped to about $56,000. This increased the pressure on altcoins like SHIB, as these movements also led to massive liquidations that erased over $118 million in cryptocurrency holdings. The hammer candlestick offers hope for a bounce as SHIB's price action is centered around $0.0000130. SHIB would need to retreat to about the $0.0000148 mark, a crucial level of resistance and a threshold where it previously struggled in order for the bullish momentum to fully take hold. A stronger, longer-lasting rebound may be indicated if the price can break above it. Ethereum falls out With the recent invalidation of its ascending range, Ethereum, the second-largest cryptocurrency, may be in trouble. The fact that ETH dropped below the lower edge of its ascending channel, as shown in the chart, is a bearish indication that more short-term downside movement may be ahead. This failure coincides with Ethereum's current difficulties, which are exacerbated by pressure on the entire cryptocurrency market. The lack of trading volume concurrent with this price decline is another worrying factor. A declining volume generally indicates that there is not enough demand from buyers to sustain a possible recovery, which might cause even more significant price corrections. Concern is mounting that if Ethereum falls below $2,400, selling pressure may increase, particularly if volume does not increase. Neither is Ethereum aided by the general mood of the market. ETH may continue to struggle in the upcoming days, as Bitcoin is experiencing similar downward momentum, and the altcoin market as a whole is struggling. #Write2Earn! #BNBChainMemecoins #BinanceHerYerde
$WIF - price analysis: Same as many other #alts , very neutral zone at the moment. It's currently bearish on the daily, and I wont be surprised if we see another dump to test the 1.340$ - 1.380$ support zone! ⚠️ For the time being, I don't believe in short-term increases Important levels are in my charts. We have to wait for prices to move out of this zone before we can set up some nice configurations :) #wif #TradingMadeEasy #mememcoinseason2024 #meme_coin
Bitcoin (BTC) is showing signs of a potential reversal: After a downward trend, price has found support near the 56,500 level. A break above the descending trendline and a retest of the 57,500 resistance could indicate a bullish reversal.
$SYN is experiencing a downtrend, inching closer to the next 0.36$ support as bearish trends persist. An anticipated reversal is on the horizon, with Synapse set to dominate in the forthcoming bull rally cycle. The last rally resulted in 710% gains. #Write2Earn! #PowellAtJacksonHole #CryptoMarketMoves #TelegramCEO
Hello everyone! We saw a few good setups in long yesterday, then we got trapped because I mussanderstood the #BTC view and I wasn “t expected such a dump! 😒 Stock markets fell sharply yesterday, probably in anticipation of Friday's news: "Jobs Report; Fed's Waller Speech". The expected economic data could be bad! Markets should remain bearish/neutral until then! 📉 Watch out for volatility! See you soon for more analysis!🌐 #TradingMadeEasy #Crypto_Jobs🎯 #bitcoi n☀️ #NewsAboutCrypto #newsdaily
😎Fantom is launching its biggest update yet this week, called Sonic
The update will initially launch on the testnet, and Sonic will be released on the Mainnet in late autumn.
The update will significantly increase the scalability of the network, FTM tokens will be converted to S, and the Fantom blockchain will be renamed Sonic. #wrote2earn #PowellAtJacksonHole
⚡️ Bitcoin to skyrocket? Historic #BTC cup and handle pattern spotted Over the last six months, Bitcoin (BTC) has been trading in a range that is getting progressively tighter. During this period, prices have ranged from a high of $73,100 to a brief low of $53,960 — as of press time, the world’s largest cryptocurrency has shed 11.78% of its price, taking a notable bite out of the 40.10% year to date (YTD) rise. In a TradingView post on August 27, technical analysis expert and trader MetaShackle suggested that “BTC is forming an absolutely massive Cup & Handle on the Daily/Weekly chart. There has never been a formation like this in the history of crypto, and it’s sure to be an incredible run to levels that will shock the world.” 🔸 What is a cup and handle pattern? A ‘cup and handle’ is a long-term, bullish chart pattern that traders use to find opportunities when an asset’s price will break out to the upside. Like with all chart patterns, the name is a node to its shape — with the pattern consisting of a ‘cup’ with a rounded bottom, followed by a smaller reversal to the downside which acts as the ‘handle’. There are a couple of ways to determine how legitimate the pattern is. In general, the more even the cup, the better — and the handle should not retract to more than one-third of the cup’s depth. Should the handle retract to half the cup’s depth, the chart pattern is considered false. In terms of entry points, traders use a simple rule of thumb — price targets are set by taking the depth of the cup and adding it to the point where the handle breaks its resistance level. 🔸 Is a Bitcoin breakout coming? Although it is too early to tell, MetaShackle’s findings cannot be discounted. The cup and handle pattern is most often used with a weekly trading chart, as MetaShackle has done — and the pattern has been playing out over a long period, with the cup beginning on November 1, 2021, and the handle starting on April 1, 2024.
$RSR this is still valid but not discounted stoploss can still drop down to 60% down to 78% its already in the zone of discounted entry but not yet in ideal discounted price meaning current price can now pump but there's still room for a market retracement specially trendline is not yet tested it's bullish strength by the bears not financial advice I no longer holding a position on RSR my trail stop was already hit in profit#CryptoMarketMoves #PowellAtJacksonHole #Write2Earn!
Bitcoin — Short-Term Analysis Unfortunately, yesterday's discussed falling wedge pattern didn't play out. Once the U.S. markets opened, bearishness returned and took the (crypto) market for another ride downhill. The question is whether we will go lower or if this was just a quick correction. When looking at the chart, we can find pieces of evidence for both options. Here are the aspects that second a continuing downtrend: * Bitcoin's price closed below its sideways resistance on the 4H chart. * The VMA signals a downtrend across all timeframes. * The overall market is down (e.g., SPX -2%) and is expected to continue to fall. On the other side, we have to put the latest dip into context: * The drop was (again) mainly driven by a squeeze of leveraged long trades. * Accordingly, there was no sell-off, but leveraged positions got flushed. * The drop wasn't driven by a considerable volume. * So far, we have no daily close below the channel's support. * The drop brought the open interest rate back to a healthy level! Putting it all together, I don't think the price will go much lower at this point. Indeed, I could be wrong with this prediction, but based on the facts I just laid out, I consider a reversal back into the sideways channel to be more likely short-term. $BTC #Bitcoin❗️
📣 Hey Catizens! Catizen is expected a game maintenance at ⏰ 7.30AM UTC today, and the maintenance time will be about 15~30 mins.
After this maintenance, Ethereum chain claim plan provided by Hashkey will be launched. players who receive $HSK airdrops can claim $HSK onto Ethereum chain!
FBI Issues Warning on North Korean Threats to Crypto Sector
FBI Issues Warning on North Korean Threats to Crypto Sector Market Musing-g FBI Issues Warning on North Korean Threats to Crypto Sector UTEDWHEN
By The Crypto Time
The United States Federal Bureau of Investigation (FBI) has recently highlighted a significant cybersecurity threat posed by North Korean cybercriminals targeting the web3 and cryptocurrency sectors. North Korean cyber criminals are using sophisticated social engineering methods to deceive employees at cryptocurrency and decentralized finance (DeFi) firms. These tactics involve impersonating high-profile figures within a company or creating tailored scenarios based on the victim’s role, skills, or business interests to gain their trust. North Korean actors have been deeply investigating companies associated with bitcoin exchange-traded funds (ETFs) and other cryptocurrency-related financial products in recent months. Pre-operational research suggests that these criminals could target businesses connected to these items with hostile operations. The FBI cautions companies against keeping private cryptocurrency wallet data on internet-connected devices as they may be targets of cyberattacks. If these requests originate from unknown sources, companies should exercise caution when deploying non-standard software or apps on their network. Separate communication channels should be established to authenticate requests and people to stop social engineering attacks and enhance security generally. Hackers from North Korea have already obtained sensitive data from bitcoin companies by using fictitious job advertising. As of July 2024, North Korean cyber criminals have lost an incredible $3 billion in cryptocurrency assets. This graph illustrates the scope and wide-ranging effects of various cyber threats. The FBI’s warning serves as a crucial reminder for web3 and cryptocurrency firms to enhance their cybersecurity measures and remain vigilant against these persistent and evolving threats.
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