Binance Square
Hjem
Notifikation
Profil
Populære artikler
Nyheder
Bogmærke og Synes godt om
Center for skabere
Indstillinger
LIVE
LIVE
TopCryptoNews
--・20.1k views
⭐️ Analyst Predicts Imminent Altcoin Season Former Bloomberg analyst Jamie Coutts has made notable statements, suggesting that the altcoin market is on the verge of a significant breakout against Bitcoin (BTC). Coutts shared his analysis with his followers on the social media platform X, emphasizing that an altcoin season is approaching. He illustrated this season using the altcoin season index, which measures the profitability of altcoins relative to BTC. 🔸 Indicators of an Approaching Altcoin Season: 3 Coins to Watch Coutts pointed out that various factors, including the current state of the cryptocurrency market, the US presidential elections, and the liquidity cycle, signal an imminent altcoin season. He highlighted that a traditional indicator of the start of an altcoin season is both the rise of the smart contract platform (SCP) sector and the upward trend of the altcoin season index. This scenario is represented by green arrows in his chart, indicating a bullish trend for altcoins. Although the altcoin season index has not yet made a significant breakout, Coutts emphasized that SCP projects are beginning to show signs of an uptrend. He identified Solana (SOL), NEAR Protocol (NEAR), and Toncoin (TON) as the top altcoin projects likely to perform well in the coming weeks. According to him, these altcoin projects could lead the market in the anticipated altcoin season by showing relative strength against the largest cryptocurrency BTC. On the other hand, Coutts suggests two potential strategies for investors looking to benefit from the approaching altcoin season. One approach is to anticipate the altcoin season and invest accordingly. The other is to focus on altcoins that are outperforming. {spot}(NEARUSDT) 🔸 Current Performance of the Altcoins Highlighted by the Analyst According to recent data, SOL is trading at 0.00250 BTC ($168) against Bitcoin, with an approximate 1% increase in the last 24 hours. NEAR is trading at 0.0001135 BTC ($7.63) with a slight increase during the day.  #altsesaon #altcoins $NEAR $SOL {spot}(SOLUSDT) {spot}(NEARUSDT)

⭐️ Analyst Predicts Imminent Altcoin Season

Former Bloomberg analyst Jamie Coutts has made notable statements, suggesting that the altcoin market is on the verge of a significant breakout against Bitcoin (BTC). Coutts shared his analysis with his followers on the social media platform X, emphasizing that an altcoin season is approaching. He illustrated this season using the altcoin season index, which measures the profitability of altcoins relative to BTC.

🔸 Indicators of an Approaching Altcoin Season: 3 Coins to Watch

Coutts pointed out that various factors, including the current state of the cryptocurrency market, the US presidential elections, and the liquidity cycle, signal an imminent altcoin season. He highlighted that a traditional indicator of the start of an altcoin season is both the rise of the smart contract platform (SCP) sector and the upward trend of the altcoin season index. This scenario is represented by green arrows in his chart, indicating a bullish trend for altcoins.

Although the altcoin season index has not yet made a significant breakout, Coutts emphasized that SCP projects are beginning to show signs of an uptrend. He identified Solana (SOL), NEAR Protocol (NEAR), and Toncoin (TON) as the top altcoin projects likely to perform well in the coming weeks.

According to him, these altcoin projects could lead the market in the anticipated altcoin season by showing relative strength against the largest cryptocurrency BTC.

On the other hand, Coutts suggests two potential strategies for investors looking to benefit from the approaching altcoin season. One approach is to anticipate the altcoin season and invest accordingly. The other is to focus on altcoins that are outperforming.

🔸 Current Performance of the Altcoins Highlighted by the Analyst

According to recent data, SOL is trading at 0.00250 BTC ($168) against Bitcoin, with an approximate 1% increase in the last 24 hours. NEAR is trading at 0.0001135 BTC ($7.63) with a slight increase during the day. 

#altsesaon #altcoins $NEAR $SOL

Ansvarsfraskrivelse: Indeholder udtalelser fra tredjeparter. Ikke økonomisk rådgivning. Kan indeholde sponsoreret indhold. Se vilkår og betingelser.
0
Svar 2
Udforsk de seneste kryptonyheder
⚡️ Vær en del af de seneste debatter inden for krypto
💬 Interager med dine yndlingsskabere
👍 Nyd indhold, der interesserer dig
E-mail/telefonnummer
Relevant skaber
LIVE
TopCryptoNews
@TopCryptoNews

Udforsk mere fra skaberen

📊 Notcoin (NOT) Price Struggles, Fails to Break Downtrend The recent surge in Telegram Coins has placed Notcoin (NOT) in the limelight, and many people have jumped to invest in it. However, after a good run, the altcoin seems to be losing its momentum, and so do the investors when it comes to bullishness. 🔸 Notcoin Is Not Recovering Notcoin’s price is currently in a downtrend, and despite an attempt to break out of it, not much has changed. The consequent shift in sentiment among NOT holders is now becoming much clearer. Nevertheless, the altcoin will be safe from falling below the support at $0.015 since the Telegram Coin’s short-term outlook is bullish. The Moving Average Convergence Divergence (MACD) indicates that Notcoin is experiencing a bullish crossover in a short-term timeframe. This technical signal typically suggests a potential upward momentum as the MACD line crosses above the signal line, hinting at a possible increase in buying pressure and a positive shift in market sentiment for Notcoin. However, despite this bullish indicator, investors remain pessimistic about a recovery. They are leaning towards a decline, as evidenced by the negative funding rate for the first time this month. This negative funding rate implies that short contracts are prevailing in the market, with investors betting on a price drop rather than a rise. This reflects a bearish outlook despite the short-term bullish crossover indicated by the MACD. Thus, as the altcoin progresses, it might not witness a drawdown, but a rally is out of the question completely. 🔸 NOT Price Prediction: Preventing a Fall For now, Notcoin’s price is safe from losing the critical support of $0.015. It will likely move sideways under $0.018 until it gains enough momentum to chart a rally again. The downtrend line that NOT has been under for weeks now before the fake-out will come into effect again. If the Telegram Coin breaches this line, the altcoin can expect a more bullish outcome. $NOT #NOT #NotCoin
--
💥 Uniswap Plunges 12% Amid Crypto Market Bloodbath: Can Bulls Recover $10? Despite volatility, UNI has rebounded by 6% to $10.28, with increased trading volume indicating resilience amidst market fluctuations.Uniswap’s fee generation has surged, surpassing $100 million in the past month, outpacing other decentralized exchanges (DEXs). On Tuesday, June 18, UNI, the native cryptocurrency of decentralized exchange Uniswap, faced strong selling pressure dropping by more than 12% all the way to the low of $9.30. Earlier this week on Monday, June 17, the UNI price had rallied all the way to $12.0. Thus, it’s clear that the Uniswap (UNI) altcoin is going through a period of massive volatility. The recent surge in Uniswap’s price has coincided with a substantial purchase of Ethereum and Uniswap by a wallet associated with Amber Group, a prominent crypto investment firm. This renewed whale activity, along with changes in broader macroeconomic factors, could trigger another price increase for Uniswap and other crypto assets. However, after yesterday’s selling pressure, the Uniswap (UNI) price bounced back strongly and is currently trading 6% up at $10.28 with a market cap of $6.16 billion. the daily trading volume has also surged 13% to more than $300 million. In the past week, Uniswap has surged by 8.23%, while over the last 30 days, it has experienced inflows exceeding 50%, indicating robust bullish momentum. Despite being 74% below its peak of $44 during the 2021 bull market, recent whale activity indicates ongoing upward pressure on its price. 🔸 Uniswap (UNI) On-Chain Data Despite recent gains, UNI is encountering resistance around the $12 mark and has retraced more than 13%. On-chain data reveals an increasing supply of UNI on exchanges, suggesting a possible local peak. Technical indicators such as the Relative Strength Index (RSI) and the Awesome Oscillator (AO) are showing bearish divergence, indicating a potential upcoming price decline. $UNI #UNI #Uniswap
--
😀 Is Shiba Inu’s Rally a Dead Cat Bounce, or the Start of a Recovery? ● Shiba Inu’s price shows signs of recovery, up 4% in 24 hours. ● Trading volume has declined, suggesting decreased investor interest. ● SHIB faces resistance at $0.000021, a key level for further gains. Shiba Inu (SHIB), the popular meme coin, has shown signs of recovery after a prolonged period of downward pressure, posting a 4% gain in the last 24 hours and holding above a crucial support level of $0.000018 after weeks of downward pressure. Despite the recent price uptick, Shiba Inu’s 24-hour trading volume has dropped by 25.61% to $449,091,898. This decline in trading volume indicates that investor interest may be tapering off slightly. 🔸 SHIB Price Movement Shiba Inu has maneuvered through a volatile trading environment characterized by swift price swings. According to TradingView, Shiba Inu experienced a short-lived rebound of around the $0.00003 level at the end of last month. However, it faced substantial resistance, resulting in the continuation of the downward trajectory that started from the $0.000045 mark in late Q2. In yesterday’s recovery, Shiba Inu’s price bounced back from a low of $0.000017… $SHIB #SHIB
--
📊 XRP Price Surge Predicted in Latest Technical Analysis Cryptocurrency analysis firm Amonyx recently published a technical assessment of XRP’s price movements, projecting a potential bullish trajectory for the digital asset against both the U.S. dollar (USD) and Bitcoin (BTC) in the coming year. The XRP price is $0.493150, with a 24-hour trading volume of $1,488,637,482. XRP has decreased by 1.24% in the last 24 hours, holding a market cap of $27,404,550,064. The circulating supply is 55,570,463,728 XRP coins, with a maximum supply of 100 billion XRP coins. 💬 Only those who are patient will see this in #XRP 👀 — Amonyx The XRP/USD chart displays a long-term ascending channel that has been in place since 2014. This trend suggests XRP has consistently oscillated within its upper and lower parallel lines. Key Fibonacci retracement levels such as 0.618, 0.786, 1.618, and 2.618 are highlighted, serving as crucial predictors in identifying future resistance and support points. Key historical price levels are also important markers for potential reversals or consolidations. Additionally, the chart suggests a future projection, indicating a potential bullish movement toward the 2.618 Fibonacci level. This forecast hints at a substantial price increase, with a possible peak in around 2024. The “flip zone” marked at the top right indicates a likely area for price consolidation or reversal. $XRP
--
👀 Solana to Skyrocket? Key Chart Shared by Analyst Analyst Will Clemente has shared an important price chart for Solana from Sept. 30 - one that you probably did not see. The chart compares Solana to Ethereum, and while the asset has been going down against ETH in September, things have changed since then, and the analyst suggests that a reversal might be incoming now. When compared to Ethereum, Solana's performance in September revealed a distinct downward trend, suggesting that ETH was outperforming SOL. But recent events have given rise to rumors of a possible reversal. When comparing SOL to ETH on a weekly basis, the chart indicates stabilization and potential upward movement. When Solana's chart is compared to the U.S. dollar (USD), a different picture emerges. In spite of changes on the market, SOL has performed well, continuing on its upward path. A bullish trend is indicated by SOL trading above the 50-day EMA and the 200-day EMA, which reinforces this resilience. On the other hand, the relative performance of the two assets is indicated by the SOL/ETH chart. Although Solana has performed well against the U.S. dollar, it has not fared as well against Ethereum. SOL appears to be preparing for a resurgence in relation to ETH based on the most recent charts. Changes in market dynamics may occur if Solana is able to breach significant resistance levels against Ethereum. The interaction between Solana and Ethereum's respective performances will be critical if both begin to rise at the same time. Solana's performance against Ethereum will determine whether it can recover lost ground; however, its strength against the USD could lay the groundwork for a strong upward move. With each asset building on the momentum of the other, synchronized upward movement on both assets would probably result in large gains for investors. $SOL #SOL #Solana
--

Seneste nyheder

Ethereum Co-Founder Vitalik Buterin Discusses Overestimated Synchronous Atomic Composability
--
VanEck Bitcoin ETF Makes Debut On Australian Securities Exchange
--
Ethereum's L2 Network Linea Announces Coin Minting
--
Stablecoins Could Represent 10% of Global Economy in the Next Decade, Says Circle CEO
--
Bitcoin Rebounds To Over $65,000, Narrowing 24-Hour Decline To 0.15%
--
Vis mere
Sitemap
Cookie Preferences
Vilkår og betingelser for platform
Sitemap
Vilkår og betingelser for platform
ba-one-trust-cookie