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Crypto De Nostradame

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The analyst is ambitious: “These memecoins will make a lot of money” With the positive environment in the cryptocurrency market, many memecoins have made triple-digit increases. The high trading activity of many medium and low-volume memecoins drew attention. Investors were eager that several memecoins reached a billion-dollar market value in every uptrend. Pepe ($PEPE ), which has decreased by 16 percent in the last 30 days, has increased by 388.41 percent since the beginning of the year. According to the data in question, the memecoin, which has disappointed investors recently, is still supported by long-term investors. Coinpedia, which added PEPE to the first place of the “most profitable memecoins” list, said the following: It is trading with a 59.28 percent decrease from its all-time high (#ATH ). This data highlights a potential reversal for the memecoin in the coming period. BOME, one of the main actors of the memecoin craze that broke out on the Solana blockchain, ranked second on the list. BOME, which increased by over 100 percent in a short time, moved 78 percent away from its peak. It was predicted that the $BOME price, which was evaluated as “discounted,” could rise in the coming days. Coinpedia, which evaluated #POPCAT under the title of this year’s best-performing memecoin, said: “POPCAT price rewarded long-term investors with an annual return of 6,917 percent. POPCAT is currently down 43.84 percent from its highest level. This decline makes the SOL-based memecoin a must-have product for the list.” According to the POPCAT chart, the Simple Moving Average (SMA) created a significant upward curve. The MACD indicator also gave a potential signal in the red histogram. The two data in question pointed to an upward outlook for the memecoin. If the price holds above the $0.50 support level, it could push POPCAT towards the upper resistance level at $0.8220 in the coming weeks. However, if the bears gain momentum, this Solana-based memecoin could retest the $0.50 support level.

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Avalanche (AVAX) has returned from disaster: What levels can it see? Avalanche (AVAX), which stepped on the gas after Bitcoin returned from $ 52,500, attracted attention with its upward momentum. BTC , which fell to $ 52,500 a few days ago, destroyed the altcoin market. Many projects, especially memecoins and major coins, reached the main support level. BTC, which started to rise later, became a lifeline for altcoins. One of the most striking names in these altcoins is Avalanche (AVAX). Which levels might the popular altcoin, which received a reaction for the third time at $ 20.53, want to test? #AVAX , which continues to maintain the $ 20.53 - $ 19.97 range, came to $ 23.82 with the reaction it received from here. The major coin, which has currently escaped the danger zone, may head towards $27.31 - $30.05 - $31.69 and $32.98, respectively, if it exceeds $24.80. In this process, BTC's performance, $BTC dominance, #Avalanche ecosystem and news about the parity will play an important role. If BTC cannot maintain its stability above $58,000, #BTC dominance advances towards 60 percent or the Avalanche ecosystem lags behind, selling pressure may increase in the parity. In such a scenario, a decline to $21.84 - $20.53 - $19.97 - $17.27 - $15.97 and $14.81 may occur, respectively. Testing the recent bottom level of $17.27 will give a clue for the medium/long-term price structure. Any period below $17.27 will increase bear dominance. If this level is reached, investors should be more careful.

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Bitcoin rose, altcoins soared: Which ones are at the top? BTC, which rose before the US inflation data to be announced on September 11, increased by over 4 percent in the last 24 hours. As $BTC aroused the bulls' appetite, money flowed into altcoins. Rocket Pool (RPL), a decentralized finance (DeFi) platform on the Ethereum blockchain, became the highest-rising altcoin of the day. The project, which stands out with its ETH staking service, gained momentum with its Binance listing. RPL increased by 24 percent in the last 24 hours. According to CoinGecko data, RPL reached a market value of $242 million by achieving a trading volume of $80 million in the last 24 hours. #Sundog (SUNDOG), which emerged during the period when the Tron blockchain was active, left its mark on the day. SUNDOG, the first memecoin of Sun Pump, supported by Justin Sun, increased by 20.5 percent in the last 24 hours. Launched on the Ethereum blockchain, Neiro on ETH (NEIROETH) gained popularity with Binance's listing in futures. Gaining great momentum, NEIROETH became the third highest-rising altcoin of the day. NEIROETH, shown as a new Dogecoin, rose 18 percent in the last 24 hours. #NEIRO recorded a trading volume of $ 76 million in the last 24 hours. NEIRO's market value exceeded $ 188 million. PEOPLE, which was created by Web3 enthusiasts who wanted to buy a copy of the US Constitution in November 2021, rose 16 percent in the last 24 hours. The US-inspired memecoin was one of the altcoins that left its mark on the day. #PEOPLE , which has a market value of $ 315 million, recorded a trading volume of $ 409 million in the last 24 hours. APE, launched by the team behind the Mutant Ape Yacht Club NFT collection, rose 15 percent in the last 24 hours. The popular NFT and gaming project became the fifth highest-rising altcoin of the day. #APE , which recorded a trading volume of $208 million in the last 24 hours, has a market value of $565 million.

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How will US economic data affect Bitcoin? While some analysts expect a recovery in #Bitcoin (BTC) performance, others think that BTC will remain under pressure ahead of the Fed's interest rate decision. The lack of a "strong story" in BTC has made the crypto market sensitive to macroeconomic indicators from the US. The leading crypto rose above $55,000 on September 9 after the declines towards the end of the week. On September 11, all eyes turned to BTC in the crypto market, which focused on consumer inflation from the US. BTC, which fell last week with negative flows from US nonfarm payrolls data and spot #Bitcoin exchange-traded funds (ETFs), started the week of inflation data positively. Market participants are preparing for economic data from the US that could affect the US Federal Reserve's (Fed) interest rate decision and change the general market direction. The Bureau of Labor Statistics will announce the US Consumer Price Index data on Wednesday, September 11. Immediately afterwards, on September 12, producer inflation data will be shared with the public. Bernstein, who warned investors these days when markets are focused on the US, commented, “Election results and the impact of regulatory institutions are not taken into account.” “A Trump victory in the November elections could push BTC above $80,000 in the fourth quarter.” High volatility is expected in the cryptocurrency market ahead of the inflation data on Wednesday. Experts predict that $BTC will be traded in the $58,000 range, and that $60,000 could be seen if inflation is positive. In fact, Fed Chairman Jerome Powell stated last month that they could apply for a rate cut in September if results are in line with inflation targets. Crypto analyst Peter Brandt, who has become famous for his graphical analyses, stated in his analysis that technical indicators show a range of $30,000. Brandt, who sees a 65 percent probability of the #BTC price falling below $40,000, evaluated the probability of an increase to $80,000 as 20 percent.

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Toncoin (TON) may fall by 30 percent: Signal arrived #Toncoin (TON) fell by over 25 percent after Telegram founder Pavel Durov was arrested on August 25. TON, which increased by 15 percent with the rise of Bitcoin on September 9, pleased its investors, but the danger is not over. Despite the recovery in the parity, a technical indicator shows that Toncoin may continue its downtrend. Although the #TON price has been on a recovery trend for the last few days, this movement can be considered as part of the inverted cup and handle structure. The inverted cup and handle is a formation that shows a downtrend. It is usually seen when the price falls below the neckline support and falls to the maximum distance between the peak of the cup and the neckline. Regaining the neckline as support will invalidate the inverted cup and handle structure. Based on the news flow regarding Pavel Durov, a short-term decline in the parity can be expected. The inverted cup and handle structure also supports this. According to the technical structure, the pair may face a 30 percent drop. This possible drop means that the current price of $TON will fall to $ 3.60. In this process, the news flow will also be decisive for the price. Developments regarding Telegram founder Pavel Durov will directly affect the #TON ecosystem. In the event of negative news, the ecosystem's popular coins TON, NOT and DOGS may face sharp declines. In the opposite scenario, these coins may recover faster.

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