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#write2earn Cryptocurrency MARKET OUTLOOK: #BITCOIN REBOUND AND #ALTCOIN RESURGENCE AWAIT
#BTC $BTC
After experiencing two consecutive red days on Monday and Tuesday, there's anticipation in the cryptocurrency market for a potential rebound, both in Bitcoin and altcoins. The question arises: Could this rebound propel Bitcoin back to test its all-time high?
Following a momentary scare on Tuesday, when Bitcoin plummeted to $64,500, the leading cryptocurrency has managed to maintain its position and is now showing signs of potential recovery to regain lost ground.
Bitcoin's Loss of Bullish Trend Line
On the daily time frame, it's evident that Bitcoin has broken its bullish trend line, which had been a significant support since early February. A daily close below this trend line on Wednesday, coupled with price confirmation of the break, signals a concerning development.
However, there's a resurgence of bullish momentum in Bitcoin, indicated by the resetting of stochastic Relative Strength Index (RSI) across lower time frames. Additionally, the daily stochastic RSI is on the brink of resetting before potentially turning upwards again.
Bitcoin's immediate challenge is to re-enter the triangle formed by the bullish trend line and the series of lower highs since its all-time peak. Failure to surpass the lower high at around $72,000 could result in further price declines and lower levels for Bitcoin.
Potential Altcoin Rebound
For altcoins, there's optimism reflected in the Total 3 chart (market cap of all cryptocurrencies excluding Bitcoin and Ethereum). A formation of a higher low suggests a positive outlook, contingent upon the altcoin market cap surpassing resistance at $776 billion and nullifying its own lower high.
Decision Time for Bitcoin Dominance
Bitcoin Dominance serves as a crucial indicator to determine the fate of altcoins. A pivotal moment is approaching, as depicted in the chart. A breakout to the upside could see dominance surge to 55%, further suppressing altcoin performance.
#BTC $BTC
After experiencing two consecutive red days on Monday and Tuesday, there's anticipation in the cryptocurrency market for a potential rebound, both in Bitcoin and altcoins. The question arises: Could this rebound propel Bitcoin back to test its all-time high?
Following a momentary scare on Tuesday, when Bitcoin plummeted to $64,500, the leading cryptocurrency has managed to maintain its position and is now showing signs of potential recovery to regain lost ground.
Bitcoin's Loss of Bullish Trend Line
On the daily time frame, it's evident that Bitcoin has broken its bullish trend line, which had been a significant support since early February. A daily close below this trend line on Wednesday, coupled with price confirmation of the break, signals a concerning development.
However, there's a resurgence of bullish momentum in Bitcoin, indicated by the resetting of stochastic Relative Strength Index (RSI) across lower time frames. Additionally, the daily stochastic RSI is on the brink of resetting before potentially turning upwards again.
Bitcoin's immediate challenge is to re-enter the triangle formed by the bullish trend line and the series of lower highs since its all-time peak. Failure to surpass the lower high at around $72,000 could result in further price declines and lower levels for Bitcoin.
Potential Altcoin Rebound
For altcoins, there's optimism reflected in the Total 3 chart (market cap of all cryptocurrencies excluding Bitcoin and Ethereum). A formation of a higher low suggests a positive outlook, contingent upon the altcoin market cap surpassing resistance at $776 billion and nullifying its own lower high.
Decision Time for Bitcoin Dominance
Bitcoin Dominance serves as a crucial indicator to determine the fate of altcoins. A pivotal moment is approaching, as depicted in the chart. A breakout to the upside could see dominance surge to 55%, further suppressing altcoin performance.
🔥This is why I told you we are early #ALTCOIN season
⛔️BTC.D will dump to HELL soon 📉📉
💰 Hope money flow from $BTC back to #ALTCON
#Write2Earn #TrendingTopic
⛔️BTC.D will dump to HELL soon 📉📉
💰 Hope money flow from $BTC back to #ALTCON
#Write2Earn #TrendingTopic
LIVEJim Rohn
--
Ανατιμητική
🔥$BTC back 51k5$ as i said 😎
✅Second scenario confirm 🚀
💹 #BTC will sideway in 50k5-51k5 and Altcoin can pump more 🚀
💰Hold tight your #ALTCOIN that i gave you guys and enjoy profit 🚀🚀
🤔Do you we are early #ALTCOIN season 💹
🛑Remind: This only my POV , not financial advice , always DYOR 🚀
#Write2Earn #TrendingTopic
✅Second scenario confirm 🚀
💹 #BTC will sideway in 50k5-51k5 and Altcoin can pump more 🚀
💰Hold tight your #ALTCOIN that i gave you guys and enjoy profit 🚀🚀
🤔Do you we are early #ALTCOIN season 💹
🛑Remind: This only my POV , not financial advice , always DYOR 🚀
#Write2Earn #TrendingTopic
Bitcoin is currently under some of the selling pressure which causes more depreciation in the price and consolidation in lower cycle as well.
However, still the circulating money around the crypto market is still there with the total market cap index is still defending its position of the bullish continuation as possibility in short term time frame.
Also based on the other index of BTC dominance, we can also see that it is dropping entirely and shows us that there is a shifting of wealth from the BTC (post rally) into the altcoins market.
That's why the total market cap is still there and the BTC dominance is dropping.
This is actually the main reason why the overall bias is still looking good because it simply means that the 'risk-on' mode on the altcoins market is finally here.
For BTC market, the risk deviation is not as low as it was a week ago because of this constant money shifting to altcoins but still at the fair level as well.
is it time for altcoins season? What do you think?
#ALTCOIN #Launchpool
However, still the circulating money around the crypto market is still there with the total market cap index is still defending its position of the bullish continuation as possibility in short term time frame.
Also based on the other index of BTC dominance, we can also see that it is dropping entirely and shows us that there is a shifting of wealth from the BTC (post rally) into the altcoins market.
That's why the total market cap is still there and the BTC dominance is dropping.
This is actually the main reason why the overall bias is still looking good because it simply means that the 'risk-on' mode on the altcoins market is finally here.
For BTC market, the risk deviation is not as low as it was a week ago because of this constant money shifting to altcoins but still at the fair level as well.
is it time for altcoins season? What do you think?
#ALTCOIN #Launchpool
Most of you forgot how bull run looks like after 2years of bear market.
And it's just #BTC pre-halving run.
Don't buy any coins at ATH. Look for coins that is not performed, #ALTCOIN will do another leg up.
#TrendingTopic #Write2Earn
And it's just #BTC pre-halving run.
Don't buy any coins at ATH. Look for coins that is not performed, #ALTCOIN will do another leg up.
#TrendingTopic #Write2Earn
#TOTAL3 WILL KEEP INCREASING
#TOTAL 3 (excluding #BTC🔥🔥 and #ETH ) increased for 3 consecutive weeks with quite good Volume. Has broken out of the previous downtrend. #Total3 is very similar to $LINK before pumping from 7usd -> 12usd.
#BTC.D DOWN. #ALTCOIN SEASON?
BTC.D has shown signs of decreasing in the 55% area. Money flows back to Coins #TOPCAP, #LAYER1, Trending Narrative such as: #AI, #LSD-#LSDFI.
Pay attention to the Coins that are OUTPERFORM $BTC to BUY/LONG.
Those who are embracing #Altcoin can look forward to mini Altcoin season.
#Lcademy
#TOTAL 3 (excluding #BTC🔥🔥 and #ETH ) increased for 3 consecutive weeks with quite good Volume. Has broken out of the previous downtrend. #Total3 is very similar to $LINK before pumping from 7usd -> 12usd.
#BTC.D DOWN. #ALTCOIN SEASON?
BTC.D has shown signs of decreasing in the 55% area. Money flows back to Coins #TOPCAP, #LAYER1, Trending Narrative such as: #AI, #LSD-#LSDFI.
Pay attention to the Coins that are OUTPERFORM $BTC to BUY/LONG.
Those who are embracing #Altcoin can look forward to mini Altcoin season.
#Lcademy
ALTCOIN UPDATE
•Most of altcoin dumped because of BTC.D . pumped , we updated earlier this altcoin update
•current price facing Pattern Mid line resistance, here two possibilities
1) price reject from here ——> altcoin will go green
2) price breaks above ——> more red possible in altcoin
stay Tuned tonight
- BTC UPDATE
#ALTCOIN #BTCdominance #btc #etf #Update
•Most of altcoin dumped because of BTC.D . pumped , we updated earlier this altcoin update
•current price facing Pattern Mid line resistance, here two possibilities
1) price reject from here ——> altcoin will go green
2) price breaks above ——> more red possible in altcoin
stay Tuned tonight
- BTC UPDATE
#ALTCOIN #BTCdominance #btc #etf #Update
What is the next move for Cardano [ADA]?
The price of Cardano has approached the $0.43 level before pulling back. The altcoin has reached a low of $0.419 per coin. The uptrend will continue if the retracement remains above the existing support level. The altcoin could reach a high of $0.46 if it breaks above the resistance of $0.43.Key resistance zones: $0.30, $0.35, $0.40Key support zones: $0.20, $0.15, $0.10#ADA #BULLISH #ALTCOIN
I’m super bullish on these Altcoins, they should hopefully all do at least a 10x from here in the coming months!
$WAIT
$VANRY
$AIT
$EGO
$ACE
$LBP
$XTP
$BORG
$YOUR
$DEFI
$NXRA
$FLIP
$INFRA
$PAID
$EGLD
$COTI
$NAGA
$EMC
$MBS
$FRONT
$HEART
$BICO
$NOIA
#ALT #ALTCOIN #CRYPTO #TrendingTopic #Dyor
$WAIT
$VANRY
$AIT
$EGO
$ACE
$LBP
$XTP
$BORG
$YOUR
$DEFI
$NXRA
$FLIP
$INFRA
$PAID
$EGLD
$COTI
$NAGA
$EMC
$MBS
$FRONT
$HEART
$BICO
$NOIA
#ALT #ALTCOIN #CRYPTO #TrendingTopic #Dyor
TOP Best Altcoins For This Week
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According to the fear and greed index, the crypto market is in the extreme greed phase. Many altcoins have performed exceptionally well in the last month. The March month has started with a little setback for a few cryptos, whereas some have maintained the rhythm. In this blog, we will discuss the trending altcoins for the week.
Top 5 Trending Altcoins
Based on the metrics of CoinmarketCap, the top five trending altcoins for the week are Pepe Coin, Digwifhat, Portal, Ondo, and Fetch.ai. Other than this, Ethereum has surpassed the $3500 mark and is currently trading at $3,427.17 with a dip of 0.85%.
Bitcoin has also suffered a dip of 0.42% after crossing $63k yesterday and is currently trading at $62,149.47. There’s a decrement of 40% in the trading volume, with a value of $54,334,542,352.
Pepe Coin (PEPE)
Pepe Coin is a green frog-themed meme coin with a market cap of $54,334,542,352. It is one of the most popular meme coins after Dogecoin and Shiba Inu. PEPE coin price started surging on 26 February and is currently trading at $0.000003166 after a hike of 129%.
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2. Dogwifhat (WIF)
Dogwifhat is an angry Shiba Inu dog wearing a hat-themed meme coin that reached its all-time-high value of $1.02 just a few minutes ago. WIF’s price started surging on 24th February and is currently trading at $0.9598 after a hike of 217%.
3. Portal (PORTAL)
Portal is a gaming platform that aims to unite games and gamers from different blockchains. It is currently trading at $2.37 after a dip of 46%. It was launched recently on centralized exchanges like Kucoin and saw a prominent dip on the first day of launch on 29 February.
4. Ondo (ONDO)
Ondo is the native token of Ondo Finance, built to offer better liquidity in the market. Its price is fluctuating throughout the week and is currently trading at $0.04752 after a weekly hike of 15%. Ondo has a market cap of $662468823, which has surged by 18%, and a trading volume of $261273569 after a hike of 59%.
5.Fetch.ai (FET)
Fetch.ai is an artificial intelligence lab and has its native token, FET, to trade and make transactions. It reached its all-time-high value of $1.68 today after getting a significant hike of around 45%. It is currently trading at $1.64 with the trading volume of $502,015,099. FET’s market cap is at $1361613761 after a hike of 17%.
Cryptos Headlines Token Airdrop Is Live, Claim your 5,000 CHT tokens for free $50 On Official Website > CryptosHeadlinesToken.com
#PEPE #ONDO #FETCH #ALTCOIN
According to the fear and greed index, the crypto market is in the extreme greed phase. Many altcoins have performed exceptionally well in the last month. The March month has started with a little setback for a few cryptos, whereas some have maintained the rhythm. In this blog, we will discuss the trending altcoins for the week.
Top 5 Trending Altcoins
Based on the metrics of CoinmarketCap, the top five trending altcoins for the week are Pepe Coin, Digwifhat, Portal, Ondo, and Fetch.ai. Other than this, Ethereum has surpassed the $3500 mark and is currently trading at $3,427.17 with a dip of 0.85%.
Bitcoin has also suffered a dip of 0.42% after crossing $63k yesterday and is currently trading at $62,149.47. There’s a decrement of 40% in the trading volume, with a value of $54,334,542,352.
Pepe Coin (PEPE)
Pepe Coin is a green frog-themed meme coin with a market cap of $54,334,542,352. It is one of the most popular meme coins after Dogecoin and Shiba Inu. PEPE coin price started surging on 26 February and is currently trading at $0.000003166 after a hike of 129%.
Cryptos Headlines Token Airdrop Is Live, Claim your 5,000 CHT tokens for free $50 On Official Website > CryptosHeadlinesToken.com
2. Dogwifhat (WIF)
Dogwifhat is an angry Shiba Inu dog wearing a hat-themed meme coin that reached its all-time-high value of $1.02 just a few minutes ago. WIF’s price started surging on 24th February and is currently trading at $0.9598 after a hike of 217%.
3. Portal (PORTAL)
Portal is a gaming platform that aims to unite games and gamers from different blockchains. It is currently trading at $2.37 after a dip of 46%. It was launched recently on centralized exchanges like Kucoin and saw a prominent dip on the first day of launch on 29 February.
4. Ondo (ONDO)
Ondo is the native token of Ondo Finance, built to offer better liquidity in the market. Its price is fluctuating throughout the week and is currently trading at $0.04752 after a weekly hike of 15%. Ondo has a market cap of $662468823, which has surged by 18%, and a trading volume of $261273569 after a hike of 59%.
5.Fetch.ai (FET)
Fetch.ai is an artificial intelligence lab and has its native token, FET, to trade and make transactions. It reached its all-time-high value of $1.68 today after getting a significant hike of around 45%. It is currently trading at $1.64 with the trading volume of $502,015,099. FET’s market cap is at $1361613761 after a hike of 17%.
Cryptos Headlines Token Airdrop Is Live, Claim your 5,000 CHT tokens for free $50 On Official Website > CryptosHeadlinesToken.com
#PEPE #ONDO #FETCH #ALTCOIN
$BTC GIẢM MẠNH NHƯNG #ALTCOIN VẪN GIỮ ĐƯỢC VỊ THẾ, NẾU CHƯA VÀO HÀNG HÃY CÂN NHẮC NHỮNG CÁI TÊN SAU CHO NỬA ĐẦU NĂM 2024!
Đây là danh sách follow của mình cho Q1-2/2024, mọi người có thể tham khảo nhé:
1) Coin mới list: ACE, NFP, CYBER, WLD ... XAI hôm nọ MancBTC shill 1 phát mới x2 nên tạm bỏ qua
2) Layer cũ như $SOL $AVAX $ATOM
SOL thì HST đang bùng nổ rồi
Avax thì chú ý #Gamefi
Atom đem đi stake
3) Narrative thì vẫn 3 cái cũ, cái mới bỏ qua vì thời gian có hạn quá không cover hết được
- #ETH ecosystem: LSD LSDfi EigenLayer, Swell;
- AI
- Game
4) Layer mới trông mong Zksync, Monad ...
5) NFT cũng là một ngách đang trở lại và dự kiến bùng nổ
Còn bạn thì sao? Chia sẻ với mình ở dưới comment nhé
Đây là danh sách follow của mình cho Q1-2/2024, mọi người có thể tham khảo nhé:
1) Coin mới list: ACE, NFP, CYBER, WLD ... XAI hôm nọ MancBTC shill 1 phát mới x2 nên tạm bỏ qua
2) Layer cũ như $SOL $AVAX $ATOM
SOL thì HST đang bùng nổ rồi
Avax thì chú ý #Gamefi
Atom đem đi stake
3) Narrative thì vẫn 3 cái cũ, cái mới bỏ qua vì thời gian có hạn quá không cover hết được
- #ETH ecosystem: LSD LSDfi EigenLayer, Swell;
- AI
- Game
4) Layer mới trông mong Zksync, Monad ...
5) NFT cũng là một ngách đang trở lại và dự kiến bùng nổ
Còn bạn thì sao? Chia sẻ với mình ở dưới comment nhé
#write2earn BEYOND #SOLANA : #ALTCOIN OPPORTUNITIES IN THE #CRYPTO MARKET RALLY
$XAI $MAV $SQR #squareProtocol
In the current upward trend of the crypto market, Solana (SOL) has become a focal point for both investors and analysts. Surpassing the $150 mark recently.
While the monthly Moving Average Convergence Divergence (MACD) histogram suggests an upward trend, daily charts reveal some bearish signals. Nevertheless, the overall sentiment surrounding SOL remains overwhelmingly positive, with predictions anticipating significant price growth.
This positive outlook extends beyond SOL, with other altcoins emerging into the spotlight alongside it. Maverick Protocol (MAV), Magic Square (SQR), and Xai (XAI) are poised to make their mark in the market with unique offerings and potential gains.
Maverick Protocol (MAV) has garnered attention for its innovative approach to airdrops and liquidity enhancement. Binance's announcement of an $80,000 MAV token airdrop generated a market buzz, leading to a price surge followed by a minor correction. Despite market volatility, MAV's future looks promising as it continues to incentivize trading and liquidity.
Magic Square (SQR) is empowering developers through its ecosystem grant program, allocating a significant $66 million for Web3 application development. This initiative is expected to boost SQR token value by enhancing utility and demand within the Magic Square ecosystem.
Xai (XAI) stands at the convergence of gaming and cryptocurrency, offering a platform tailored for gamers on the Arbitrum's layer-2 (L2) platform. With bullish price predictions and steady growth post-launch, XAI demonstrates strong market interest and potential, contingent upon widespread adoption among gamers.
In conclusion, while Solana (SOL) leads the charge in the current crypto rally, altcoins like Maverick Protocol (MAV), Magic Square (SQR), and Xai (XAI) present compelling investment opportunities with their distinct features and community support.
$XAI $MAV $SQR #squareProtocol
In the current upward trend of the crypto market, Solana (SOL) has become a focal point for both investors and analysts. Surpassing the $150 mark recently.
While the monthly Moving Average Convergence Divergence (MACD) histogram suggests an upward trend, daily charts reveal some bearish signals. Nevertheless, the overall sentiment surrounding SOL remains overwhelmingly positive, with predictions anticipating significant price growth.
This positive outlook extends beyond SOL, with other altcoins emerging into the spotlight alongside it. Maverick Protocol (MAV), Magic Square (SQR), and Xai (XAI) are poised to make their mark in the market with unique offerings and potential gains.
Maverick Protocol (MAV) has garnered attention for its innovative approach to airdrops and liquidity enhancement. Binance's announcement of an $80,000 MAV token airdrop generated a market buzz, leading to a price surge followed by a minor correction. Despite market volatility, MAV's future looks promising as it continues to incentivize trading and liquidity.
Magic Square (SQR) is empowering developers through its ecosystem grant program, allocating a significant $66 million for Web3 application development. This initiative is expected to boost SQR token value by enhancing utility and demand within the Magic Square ecosystem.
Xai (XAI) stands at the convergence of gaming and cryptocurrency, offering a platform tailored for gamers on the Arbitrum's layer-2 (L2) platform. With bullish price predictions and steady growth post-launch, XAI demonstrates strong market interest and potential, contingent upon widespread adoption among gamers.
In conclusion, while Solana (SOL) leads the charge in the current crypto rally, altcoins like Maverick Protocol (MAV), Magic Square (SQR), and Xai (XAI) present compelling investment opportunities with their distinct features and community support.
