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@Crypto_SKT
Welcome to Crypto_SKT! I share latest news, market updates & analysis of major cryptocurrencies.Not a financial advisor, always DYOR.
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Bullish
Chainlink (LINK) Faces Potential Declines Below $10 Chainlink's (LINK) price is under pressure, with weakening network activity and low user engagement signaling potential declines below $10. Despite recent partnerships, LINK's momentum has waned since Q2, facing increased selling pressure. The In/Out of Money Indicator suggests limited support around $10.52, with a potential drop to $9.72. Technical analysis shows LINK breaking out of a bearish pennant but struggling to maintain gains, further heightening the risk of declines. #Chainlink #LINK $LINK #TelegramCEO #PowellAtJacksonHole #BNBChainMemecoins {spot}(LINKUSDT)
Chainlink (LINK) Faces Potential Declines Below $10

Chainlink's (LINK) price is under pressure, with weakening network activity and low user engagement signaling potential declines below $10. Despite recent partnerships, LINK's momentum has waned since Q2, facing increased selling pressure. The In/Out of Money Indicator suggests limited support around $10.52, with a potential drop to $9.72. Technical analysis shows LINK breaking out of a bearish pennant but struggling to maintain gains, further heightening the risk of declines.

#Chainlink #LINK $LINK #TelegramCEO #PowellAtJacksonHole #BNBChainMemecoins
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Bearish
Dogwifhat (WIF) Meme Coin Faces Decline Dogwifhat (WIF), a new dog-themed meme coin, has experienced a significant drop in value, falling 29% over the past week to $1.85. Technical indicators point to intense selling pressure and a potential for further declines. WIF's price fell below its ascending channel support on July 23, signaling increased selling activity. Trading volume rose by 127%, reflecting short selling. If the downtrend continues, WIF could drop to $1.48, but a reversal could see it rise to $2.28. #MemeCoin #Dogwifhat #WIF $WIF #US_Job_Market_Slowdown #July_NonFarmPayrolls_Shock #Babylon_Mainnet_Launch #BinanceHODLerBANANA {spot}(WIFUSDT)
Dogwifhat (WIF) Meme Coin Faces Decline

Dogwifhat (WIF), a new dog-themed meme coin, has experienced a significant drop in value, falling 29% over the past week to $1.85. Technical indicators point to intense selling pressure and a potential for further declines. WIF's price fell below its ascending channel support on July 23, signaling increased selling activity. Trading volume rose by 127%, reflecting short selling. If the downtrend continues, WIF could drop to $1.48, but a reversal could see it rise to $2.28.
#MemeCoin #Dogwifhat #WIF $WIF #US_Job_Market_Slowdown #July_NonFarmPayrolls_Shock #Babylon_Mainnet_Launch #BinanceHODLerBANANA
Trust Wallet and The Open Network (TON) Partnership Announcement The Open Network (TON) and Trust Wallet have partnered, enabling Trust Wallet's 100 million users to send and receive TON tokens. This integration supports both projects' growth and aligns with Trust Wallet's mission to provide secure, user-friendly Web3 experiences. The collaboration enhances cross-chain interoperability and brings TON's ecosystem, including GameFi and DeFi apps, to Trust Wallet users. Following the announcement, TON's price surged by 3.95%, now trading at $6.87, indicating a positive market response. #TrustWallet #TON $TON #US_Job_Market_Slowdown #Babylon_Mainnet_Launch #HamsterKombat #HamsterKombat {future}(TONUSDT)
Trust Wallet and The Open Network (TON) Partnership Announcement

The Open Network (TON) and Trust Wallet have partnered, enabling Trust Wallet's 100 million users to send and receive TON tokens. This integration supports both projects' growth and aligns with Trust Wallet's mission to provide secure, user-friendly Web3 experiences. The collaboration enhances cross-chain interoperability and brings TON's ecosystem, including GameFi and DeFi apps, to Trust Wallet users. Following the announcement, TON's price surged by 3.95%, now trading at $6.87, indicating a positive market response.

#TrustWallet #TON $TON #US_Job_Market_Slowdown #Babylon_Mainnet_Launch #HamsterKombat #HamsterKombat
BNB Price Analysis: Targeting $605 BNB shows strong bullish momentum, crossing the 100-day SMA on the 4-hour chart. The RSI indicates increased buying pressure, suggesting a potential rise to $605. Key levels to watch: if BNB surpasses $605, it may aim for $635; failure to break could see a pullback to $572 or lower. Currently, BNB trades at $588, with market cap and trading volume up by 2.64% and 3.57%, respectively. #BNB $BNB #ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024 #BinanceHODLerBANANA #HamsterKombat {spot}(BNBUSDT)
BNB Price Analysis: Targeting $605

BNB shows strong bullish momentum, crossing the 100-day SMA on the 4-hour chart. The RSI indicates increased buying pressure, suggesting a potential rise to $605. Key levels to watch: if BNB surpasses $605, it may aim for $635; failure to break could see a pullback to $572 or lower. Currently, BNB trades at $588, with market cap and trading volume up by 2.64% and 3.57%, respectively.

#BNB $BNB #ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024 #BinanceHODLerBANANA #HamsterKombat
Polygon (MATIC) Price Analysis: Key Indicators and Potential Movement MATIC is currently priced at $0.51, struggling to break resistance levels. Despite demand for a surge, the MACD indicates waning bullish momentum and a possible decline. If MATIC breaches $0.54, it could rise to $0.60, driven by investor interest and upcoming updates like the POL token and DAO operations. Investors should watch resistance levels and market trends. #Polygon #MATIC $MATIC #ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024 #BinanceHODLerBANANA {spot}(MATICUSDT)
Polygon (MATIC) Price Analysis: Key Indicators and Potential Movement

MATIC is currently priced at $0.51, struggling to break resistance levels. Despite demand for a surge, the MACD indicates waning bullish momentum and a possible decline. If MATIC breaches $0.54, it could rise to $0.60, driven by investor interest and upcoming updates like the POL token and DAO operations. Investors should watch resistance levels and market trends.

#Polygon #MATIC $MATIC #ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024 #BinanceHODLerBANANA
$AVAX Price Rebound Indicates Bullish Potential Avalanche (AVAX) bounced off $26.34 support to trade at $27.95, suggesting a potential bullish move. Increased on-chain development activity supports this outlook. If $26.34 holds, AVAX could rally 24% to retest $32.66. RSI and AO indicators must remain above their mean levels for a confirmed uptrend. Key support is $26.99-$27.78. A daily close below $21.99 would invalidate the bullish thesis. #Avalanche #AVAX #ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024 #BinanceHODLerBANANA {spot}(AVAXUSDT)
$AVAX Price Rebound Indicates Bullish Potential

Avalanche (AVAX) bounced off $26.34 support to trade at $27.95, suggesting a potential bullish move. Increased on-chain development activity supports this outlook. If $26.34 holds, AVAX could rally 24% to retest $32.66. RSI and AO indicators must remain above their mean levels for a confirmed uptrend. Key support is $26.99-$27.78. A daily close below $21.99 would invalidate the bullish thesis. #Avalanche #AVAX #ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024 #BinanceHODLerBANANA
Bitcoin Price Consolidation Above $67K: Potential Breakout? Bitcoin is consolidating gains below the $68,500 resistance. Currently trading above $66,800 and the 100-hourly SMA, BTC shows a key bullish trend line support at $62,200. It might extend gains if it breaks the $68,500 resistance, targeting $69,200 and possibly $70,000. However, failure to clear $68,250 could lead to a downside correction with supports at $67,200 and $66,600.#Bitcoin #BTC $BTC #ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024 #BinanceHODLerBANANA #HamsterKombat {spot}(BTCUSDT)
Bitcoin Price Consolidation Above $67K: Potential Breakout?

Bitcoin is consolidating gains below the $68,500 resistance. Currently trading above $66,800 and the 100-hourly SMA, BTC shows a key bullish trend line support at $62,200. It might extend gains if it breaks the $68,500 resistance, targeting $69,200 and possibly $70,000. However, failure to clear $68,250 could lead to a downside correction with supports at $67,200 and $66,600.#Bitcoin #BTC $BTC #ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024 #BinanceHODLerBANANA #HamsterKombat
Celestia Price Analysis: TIA Bulls Eye 58% Gains Celestia (TIA) has surged 12%, now trading at $7.3, following an 80% retrace from its yearly high. Technical indicators suggest potential gains to $12, forming an inverted head-and-shoulders pattern and an ascending triangle. However, decreasing trading volume hints at a possible correction. With the Crypto Greed & Fear index showing "greed," optimism could fuel further price increases. #Celestia #TIA $TIA #Biden_Out_BTC_Up #Bitcoin_Coneference_2024 #BinanceTurns7 #BinanceTournament {spot}(TIAUSDT)
Celestia Price Analysis: TIA Bulls Eye 58% Gains

Celestia (TIA) has surged 12%, now trading at $7.3, following an 80% retrace from its yearly high. Technical indicators suggest potential gains to $12, forming an inverted head-and-shoulders pattern and an ascending triangle. However, decreasing trading volume hints at a possible correction. With the Crypto Greed & Fear index showing "greed," optimism could fuel further price increases. #Celestia #TIA $TIA #Biden_Out_BTC_Up #Bitcoin_Coneference_2024 #BinanceTurns7 #BinanceTournament
Bitcoin (BTC) Price Update BTC +6% to $62,900, nearing $63,000. Broader crypto market rally sees ETH, SOL, BNB, TON, and meme coins surge. Over $113M in leveraged positions liquidated in 24 hours, with $90M in short positions. Bitcoin contributes $47M to liquidations. Major meme coins like DOGE, PEPE, and DOWIFHAT see significant gains. Current Price: $62,900 #Bitcoin #BTC $BTC #altcoins #memecoins #CPI_BTC_Watch #Ethereum_ETFs_Expected_Date {spot}(BTCUSDT)
Bitcoin (BTC) Price Update

BTC +6% to $62,900, nearing $63,000. Broader crypto market rally sees ETH, SOL, BNB, TON, and meme coins surge. Over $113M in leveraged positions liquidated in 24 hours, with $90M in short positions. Bitcoin contributes $47M to liquidations. Major meme coins like DOGE, PEPE, and DOWIFHAT see significant gains.

Current Price: $62,900

#Bitcoin #BTC $BTC #altcoins #memecoins #CPI_BTC_Watch #Ethereum_ETFs_Expected_Date
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