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BONK Price Analysis: Is Recovery Bounce Fading? BONK has been consolidating at a major support level for a while, preparing for a breakout. This week, BONK pricing tried to rebound, but traders stealthily bought a competing meme currency after the $0.000017+ rise collapsed. We examine BONK's recent price behavior to see whether this meme currency might lead 2024's largest gains. On the longer time frame (LTF), BONK has been consolidating near a critical support level for a while, building expectation for a breakout as liquidity and trade volume rise. BONK Price Analysis: Is Recovery Bounce Fading? Any Better Trades? BONK is now trading at $0.000016, down 4.17% in 24 hours. A persistent rally from bedrock support at the lower trendline saw the BONK price rise +17% before the weekend. However, overhead resistance from the 20DMA looks to be inhibiting upward advances, hence the present downtick. As Bollinger Bands broaden, consolidation may occur. The sturdy support level at $0.000015 should limit downside risk. The RSI is oversold, but positive divergence suggests the market may not be done. A retest of 20-day moving average resistance is possible. In conclusion, BONK, like the cryptocurrency market, is waiting for positive momentum to return to Bitcoin and Solana. Opportunities exist, as seen by the stealthy buildup of this potential new meme currency. #BONK #BNBChainMemecoins #DOGSONBINANCE #CPI_BTC_Watch $BONK
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Investors Receive a New Boost from the Simon's Cat Airdrop, and What Comes Next for the FLOKI Coin Price? A fresh boost has been provided to investors in the Floki Inu meme currency. This boost comes in the form of a significant airdrop of a fun and popular new meme coin known as Simon's Cat (CAT) into Binance accounts. However, this has not been successful in increasing the price of the FLOKI coin. According to TradingView, the price of the FLOKI coin was last seen trading at about $0.0001230, or a decrease of little less than 4% on the day. A significant CAT meme currency airdrop was just distributed to holders of FLOKI on Binance by the exchange. The FLOKI coin price is just around 10% above its recent lows of $0.00011, which is not much for a meme currency like Floki. However, Wednesday's losses have left the price of the FLOKI coin at that level. In contrast, the price of FLOKI coins has dropped by almost 65 percent from their previous annual highs. It is possible that the price of the FLOKI coin may continue to decline. Because FLOKI has consistently rejected resistance in the shape of its 50-day moving average over the last several weeks, this is the reason. When it comes to the price of FLOKI Coin, the Simon's Cat Airdrop provides investors with a new boost. This indicates that bears are now in charge of this market. There is a possibility that the recent lows below $0.00010 may be retested. It should come as no surprise that investors are looking more closely at other meme currencies given the pessimistic forecast for the price of Floki coin. #FLOKI #CPI_BTC_Watch #CryptoMarketMoves $FLOKI
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Here's why Crypto Pundit advises Bitcoin investors to wait Bitcoin's value has fallen from its all-time high in March 2024, disappointing investors' hopes for a huge bull surge after its halving event. A crypto expert is urging investors to be patient despite the market decline, as Bitcoin may turn bullish in the next months. A Chance for Crypto Investors Bitcoin has traditionally experienced extreme negative momentum, volatility, and instability in September, according to numerous crypto specialists. Rekt Capital, a crypto analyst, warned his over followers that Bitcoin's price fell 8% in September. In September 2021, 2020, 2017, and 2018, the Bitcoin fell 5% to 7%, he said. BTC normally performs badly in this month, therefore the expert said this price decrease was normal. A crypto specialist named ‘Unipcs’ has given investors who have been suffering Bitcoin price decreases optimism in light of this repeated downward. Unipcs noted that crypto prices rose strongly in October and November. Bitcoin has consistently declined in September and surged in October, according to the expert. Unipcs anticipates a dramatic Bitcoin price turnaround in the next months based on this historical trend. BitStarz Player Wins $2,459,124 Record! Could you win big next? He advised investors to keep invested in BTC because he thinks the market would improve shortly. Many crypto specialists agree with the analyst's forecast that Bitcoin would fall again in September. Rob Inhoods, a crypto enthusiast and expert, said Bitcoin had concluded September favorably just three times since 2012. The cryptocurrency rallied heavily in October, November, and December each time. Market intelligence tool Santiment revealed a major Bitcoin price shift on September 10. According to sources, BTC's market value is finally rising following a series of falls and modest upticks after its April 20, 2024 halving. #CPI_BTC_Watch #PowellAtJacksonHole #CryptoMarketMoves #LowestCPI2021 $BTC
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Analyst Predicts Bitcoin Price by 2030 If Trump or Harris Wins Thomas predicts Bitcoin's 2030 price depending on whether Donald Trump or Kamala Harris wins the US presidential election. Before the elections, crypto has become a hot topic, and Bernstein analysts say the victor will decide Bitcoin's destiny. What Bitcoin Will Cost By 2030 If Trump Or Harris Wins Thomas predicted on X (previously Twitter) that Bitcoin would hit $1 million by 2030, regardless of the election. The expert predicted that the flagship coin will realize its full potential regardless of the November US presidential election. Crypto experts continue to anticipate Bitcoin prices depending on elections. This is reasonable because Trump is campaigning as the ‘Crypto President’ to gain crypto voters. Bernstein researchers estimated Bitcoin may reach $90,000 in the fourth quarter if Trump wins because to his pro-crypto attitude. Standard Chartered head of FX and digital assets research Geoffrey Kendrick projected in June that Bitcoin will hit $100,000 before the elections and $150,000 by year-end if Trump wins. However, the current US Vice President has been silent regarding Bitcoin's prospects if Harris wins. Harris' officially issued policy statement does not include crypto or Bitcoin. This has made the crypto community wonder her stance on cryptocurrency. Given her role in the current government, which has cracked down on crypto businesses, particularly via the US Securities and Exchange Commission, the Vice President's quiet on Bitcoin is alarming. Crypto Community Awaits Trump-Harris Debate The crypto world anticipates the Trump-Harris presidential debate. Bitcoin and the crypto market might be affected if both candidates disclose their crypto industry objectives or policies if elected. When Biden was the Democratic presidential contender in June, crypto was not covered in the first US presidential debate between Trump and him. This time may be different, given how active crypto stakeholders have grown in the election campaign since then #BTC #Bitcoin $BTC
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Breakpoint conference may boost Solana The greatest daily active address increase was on Solana. SOL usually rallies before Solana Breakpoint. SOL might reach $163 if it stays above $136 resistance. Tuesday saw Solana (SOL) rise 0.5% due to strong network daily active address increase. Around the Solana Breakpoint conference, investors expect a rise. SOL must improve other KPIs to match pre-Breakpoint growth. With ten days till the Solana Breakpoint annual conference, network activity is high. Artemis data shows that Solana had its biggest single-day DAA increase on Tuesday, adding over 5.4 million additional addresses. Solana's daily transactions rose 22% to 40.3 million between September 8 and 9. This continuous rise may help Solana's network fees recover from August's decline. Network costs were $595K before the meme currency craze in March. The volume of Solana's DEX trade fell by almost 27% in August. As the Breakpoint conference approaches, Solana network costs and DEX trading volume may boost SOL in the coming weeks. The 2024 Solana Breakpoint conference is September 20–21. SOL has traditionally risen two weeks before Solana Breakpoint, according to expert @ali_charts. He said that SOL rose 35% in 2021 and 2022 and 60% in 2023 before the summit. Thus, investors must wait for a price hike in the next days. Projects often disclose products at such conferences, which might be optimistic. Thus, Solana tokens may also be worth monitoring. Additionally, industry gatherings are typically used as sell-the-news events, which may lower critical project prices. SOL may rise above critical resistance. SOL is trying to remain above a significant rectangle's resistance around $136 on the 4-hour chart. A prolonged advance over this level might push SOL above $163. SOL may fall below $120 if it fails to trade over $136. The 200-day Simple Moving Average (SMA) may stop SOL from rising higher. Bullish momentum is indicated by the RSI over 60. #CPI_BTC_Watch #Solana #Sol #CryptoMarketMoves $SOL
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