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👀 According to Cryptopolitan: Top Altcoins to Buy in 2024 $INJ is a well-established player in the crypto DeFi space. It has cemented its place in the crypto market as a decentralized exchange (DEX), mainly focusing on margin trading and derivatives. Simply put, Injective empowers its users to leverage their holdings to potentially amplify their returns while also offering access to derivative products like perpetual contracts.  The Injective (INJ) blockchain has been one of the fastest-growing projects in 2024. With a historical price growth of over 1000% in the past 12 months, the blockchain introduced a series of infrastructural upgrades, including the recent Volan Mainnet upgrade to improve the Total Throughput (TPS). Additionally, the layer-1 chain has seen the launch of projects like Mito Finance and memecoins like Ninja, which has fueled growth.  As the DeFi market experiences explosive growth, INJ comes off as a strong project for continued success in 2024, especially with its already established presence and innovative offerings.  $DOGE remains a dominating force in the crypto market. Its popularity surpasses its meme coin status, boasting a passionate and dedicated community that continues to drive its value upward. While the future utility of DOGE beyond its current form remain to be explored, its undeniable influence within the crypto world makes it an altcoin that can not be ignored. Key factors behind Dogecoin’s recent surge has been the prospect of the DOGE token being used as a payment mode on social media platform X. Additionally, the project started to witness significant growth after Elon Musk’s X platform received money transmitter licenses in key US states including Oregon, Illinois, and New Mexico. The DOGE community is optimistic that the token will serve as the cornerstone of the new digital era. #InjectiveđŸ”„ #Dogecoin‏⁩

👀 According to Cryptopolitan: Top Altcoins to Buy in 2024

$INJ is a well-established player in the crypto DeFi space. It has cemented its place in the crypto market as a decentralized exchange (DEX), mainly focusing on margin trading and derivatives. Simply put, Injective empowers its users to leverage their holdings to potentially amplify their returns while also offering access to derivative products like perpetual contracts. 

The Injective (INJ) blockchain has been one of the fastest-growing projects in 2024. With a historical price growth of over 1000% in the past 12 months, the blockchain introduced a series of infrastructural upgrades, including the recent Volan Mainnet upgrade to improve the Total Throughput (TPS). Additionally, the layer-1 chain has seen the launch of projects like Mito Finance and memecoins like Ninja, which has fueled growth. 

As the DeFi market experiences explosive growth, INJ comes off as a strong project for continued success in 2024, especially with its already established presence and innovative offerings. 

$DOGE remains a dominating force in the crypto market. Its popularity surpasses its meme coin status, boasting a passionate and dedicated community that continues to drive its value upward. While the future utility of DOGE beyond its current form remain to be explored, its undeniable influence within the crypto world makes it an altcoin that can not be ignored.

Key factors behind Dogecoin’s recent surge has been the prospect of the DOGE token being used as a payment mode on social media platform X. Additionally, the project started to witness significant growth after Elon Musk’s X platform received money transmitter licenses in key US states including Oregon, Illinois, and New Mexico. The DOGE community is optimistic that the token will serve as the cornerstone of the new digital era.

#InjectiveđŸ”„ #Dogecoin‏⁩

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$MATIC Struggles to Break Past $0.75: Is $1 a Pipe Dream? - AMBCrypto Analytics Over the last 30 days, Polygon’s price has struggled to stay above $0.75, experiencing a downtrend that has seen its value drop to $0.61 at press time. The chart below shows multiple instances of MATIC attempting to breach resistance levels marked at intervals from $0.66 to $0.75. Despite these efforts, each rally was met with a sharp reversal, indicating strong bearish pressure at these higher price points. On the downside, MATIC has established clear support around the $0.57 and $0.61 marks. These support levels are areas where buyers have historically stepped in, preventing further declines. The RSI has fluctuated around the 50 mark, indicating a balance between buying and selling pressures. However, it hasn’t ventured into overbought territory (above 70), which aligns with the lack of sustained upward momentum in the price. The Ichimoku cloud, visible on the chart, suggested a bearish outlook as the price moved beneath the cloud at press time. The chart above revealed a series of lower highs and lower lows, a classic indication of a bearish trend. The MACD line was close to the signal line and hovering around the zero line, which meant that there is a lack of strong momentum from either the bulls or the bears.
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👀 $SHIB on Its Way to Reversal - U.Today Analytics Shiba Inu has been gradually regaining value on the market, but unfortunately, the asset could not hold itself at the proper level and retraced in a dramatic fashion, losing key support levels and then plummeting toward the 200 EMA, which is the last resort support level for the asset. For a few days until now, SHIB has struggled to hold onto its gains, facing significant downward pressure. It was helpless at the critical support levels, causing a sharp decline. As a result of this pullback, SHIB is getting closer to its 200-day Exponential Moving Average. The 200 EMA often acts as a strong support in technical analysis, representing the average closing prices over the past 200 days. For SHIB, it is particularly important as it becomes the “last resort” support of the coin. In case this level gets broken by the asset, it will be seen as signifying a longer bearish trend that could lead to more drops. The SHIB market has been divided into two factions with regards to its sentiment. Some people, when seeing this drop, consider it just a small lapse, while others are more cautious and think that not holding key supporting levels might indicate underlying weaknesses. This recent price action reveals itself as a classical retracement pattern after making efforts toward recovery, indicating high volatility in the cryptocurrency industry. It would be advisable for investors to keep track on the 200 EMA. A bounce from there may allow SHIB to reestablish new grounds toward its next bullish cycle. But breaking down below such a threshold may bring about further selling pressures and a continuation of the current downtrend.
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đŸ’„ $XRP faces a crucial test at $0.45: Is a crash to all-time low likely? - AMBCrypto Analytics Ripple [XRP]  is wrestling with a critical support level after a 13% drop since the 25th of May. The rejection has left investors in a dilemma, wondering if XRP will plunge to its all time low or if a bullish surge is on the horizon after a likely price reversal. As of this writing, XRP was consolidating in a bullish pennant, with an impending breakout point in nearing. The price is currently fluctuating around the support level at $0.45. If the price closes below this level, a further price fall to the all time low may be witnessed.  However, if XRP holds this support and builds enough bullish momentum, a price reversal towards the $0.53 resistance level is within reach. The stochastic RSI (23.27) is in an oversold zone, indicating an impending bullish reversal.
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🚀 $PEPE Price Prediction: Meme Coin Trades Below Key Moving Average - BeinCrypto Analytics At its current price, PEPE trades below its 20-day Exponential Moving Average (EMA), which represents an asset’s average price over the past 20 days.  When the price drops under this key moving average, the asset trades lower than its average price in the past 20 days. It is a bearish sign and signals a shift in market trends from buying to selling. Readings from PEPE’s Moving Average Convergence Divergence (MACD) confirm the shift in sentiment. On June 1, the token’s MACD line (blue) crossed below its signal line (orange) towards the zero line. This intersection signals that selling pressure outweighs buying activity, and the bears now dominate the market.  If the bearish influence in the PEPE market continues to surge, it might force its price to $0.000011. However, if invalidated and the bulls regain market control, PEPE may push higher toward $0.000013.
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đŸ’” Notcoin Price Prediction as $NOT Nears All-Time High – $1 Breakout Incoming? - CryptoNews Analytics Notcoin uptrend seems to have been revived after a change in momentum over the past 48 hours. Most notably, Notcoin’s relative strength index (purple) has dipped from 80 to 30 over the past 24 hours. This suggests that the upward momentum has weakened, hinting towards consolidation. This is reinforced by Notcoin’s recent failure to rebound from the $0.017688 support level (red). This indicates that the buying pressure is not strong enough to sustain prices above that level. To see further upside and potentially break its all-time high on the road to $1, NOT will need more significant momentum. Despite current negative indicators, the 30-day moving average (yellow) is trending upward and approaching the 200-day moving average (blue). This suggests that short-term momentum remains positive. If the 30-day moving average decisively crosses above the 200-day moving average, it could signal that the short-term momentum is strong enough to potentially influence a long-term uptrend. While technical indicators suggest positive short-term price movements, sustainable long-term growth will likely hinge on fundamental factors. Most significantly, the space at large is being greatly limited by The Federal Reserve’s unexpected hawkish stance on potential rate cuts, which has overshadowed softer consumer inflation figures. The Fed kept interest rates unchanged. The benchmark rate is projected to reach 5.1% this year. This suggests only one rate cut in 2024. This undercuts previous anticipations of up to 3 rate cuts, putting pressure on the market and creating uncertainty among traders.
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