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Will #BabyBonk get listed on $BNB Binance soon?
The future is Looking bright!
According to current BabyBonk price prediction, the price of BabyBonk is predicted to rise by 224.96% and reach $ 0.0₉1344 by June 26, 2024. This is just an indication, because in the world of crypto a coin can pump with 10000% within a few hours and even more.
BabyBonk recorded 14/30 (47%) green days with 23.07% price volatility over the last 30 days. Based on the BabyBonk forecast, it's now a good time to buy this coin as it keeps on pumping.
AT THE MOMENT: #BabyBonk Logo is showing on
#tradingview
Don't forget to always do your own research, not financial advice, but I do take the time to look for recent developments just to keep you posted so we could all be successful during this bullrun.
Cheers!
Will #BabyBonk get listed on $BNB Binance soon?
The future is Looking bright!
According to current BabyBonk price prediction, the price of BabyBonk is predicted to rise by 224.96% and reach $ 0.0₉1344 by June 26, 2024. This is just an indication, because in the world of crypto a coin can pump with 10000% within a few hours and even more.
BabyBonk recorded 14/30 (47%) green days with 23.07% price volatility over the last 30 days. Based on the BabyBonk forecast, it's now a good time to buy this coin as it keeps on pumping.
AT THE MOMENT: #BabyBonk Logo is showing on
#tradingview
Don't forget to always do your own research, not financial advice, but I do take the time to look for recent developments just to keep you posted so we could all be successful during this bullrun.
Cheers!
The perfect and volatile world of critpcurrencies
The cryptocurrency market continues to evolve rapidly, with significant developments and trends shaping its future. In 2024, the crypto landscape is marked by a mix of innovation, regulatory shifts, and market dynamics that are influencing investor sentiment and adoption rates. #CryptoNewss #buythedip #binance
$BTC $USDC $BNB
Market Growth and Projections
The cryptocurrency market is projected to grow significantly over the next few years. By 2028, the market size is expected to increase by USD 34.5 billion, growing at a compound annual growth rate (CAGR) of 16.64% from 2023 to 2028. This growth is driven by heightened investment in digital assets, expanded accessibility of crypto wallets, and rising expenditures in financial technology.
Key Developments
Regulatory Changes: Regulatory landscapes are shifting, with significant legislation like the Markets in Crypto Assets (MiCA) law in Europe providing clearer guidelines for the industry. This regulatory clarity is expected to boost investor confidence and market stability.
Technological Advancements: Innovations in blockchain technology and the integration of artificial intelligence (AI) are transforming the crypto space. Projects like the Sand Dollar and platforms such as Exchange Liquidity Network (ELN) and Robin Hood are reshaping financial ecosystems.
ETFs and Mainstream Adoption: The potential approval of Bitcoin Exchange-Traded Funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) is a significant development. ETFs make it easier for traditional investors to access cryptocurrencies, potentially leading to greater mainstream acceptance and market stability.
Trends and Challenges
Adoption of Digital Wallets: The increased availability of user-friendly crypto wallets is a key driver of market growth. Wallets with intuitive interfaces and robust security features attract a broader user base, including newcomers to the cryptocurrency world.
Volatility and Market Sentiment: Despite the optimistic outlook, the cryptocurrency market remains highly volatile. Events like the 2022 crash, where Bitcoin lost over 10% of its value in a single day, highlight the risks involved. This volatility can deter low-risk investors and complicates the inclusion of cryptocurrencies in diversified financial portfolios.
Correlation with Traditional Markets: Cryptocurrencies, especially Bitcoin and Ethereum, show a growing correlation with traditional financial markets, including stocks and forex. This correlation suggests that economic conditions and investor sentiment in traditional markets can significantly impact cryptocurrency prices.
Market Dynamics
The crypto market is witnessing increased B2B transactions facilitated by innovative platforms. Companies like Amazon Web Services (AWS) and Shopify are integrating crypto payments, enhancing the practical utility of cryptocurrencies in everyday transactions. Additionally, the development of custom wallet solutions is providing users with more control over their digital assets.
Future Outlook
The future of cryptocurrencies looks promising but remains fraught with challenges. The integration of cryptocurrencies into traditional financial systems, regulatory advancements, and technological innovations will continue to shape the market. However, the inherent volatility and regulatory uncertainties pose ongoing risks that investors must navigate.
In conclusion, while the cryptocurrency market offers exciting opportunities for growth and innovation, it is essential for investors to stay informed about the latest developments and be mindful of the associated risks. The dynamic nature of this market underscores the importance of thorough research and strategic planning in navigating the crypto world.
For a more detailed analysis and the latest updates on the cryptocurrency market, you can explore sources like #Coindesk and #tradingview .
$BTC $USDC $BNB
Market Growth and Projections
The cryptocurrency market is projected to grow significantly over the next few years. By 2028, the market size is expected to increase by USD 34.5 billion, growing at a compound annual growth rate (CAGR) of 16.64% from 2023 to 2028. This growth is driven by heightened investment in digital assets, expanded accessibility of crypto wallets, and rising expenditures in financial technology.
Key Developments
Regulatory Changes: Regulatory landscapes are shifting, with significant legislation like the Markets in Crypto Assets (MiCA) law in Europe providing clearer guidelines for the industry. This regulatory clarity is expected to boost investor confidence and market stability.
Technological Advancements: Innovations in blockchain technology and the integration of artificial intelligence (AI) are transforming the crypto space. Projects like the Sand Dollar and platforms such as Exchange Liquidity Network (ELN) and Robin Hood are reshaping financial ecosystems.
ETFs and Mainstream Adoption: The potential approval of Bitcoin Exchange-Traded Funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) is a significant development. ETFs make it easier for traditional investors to access cryptocurrencies, potentially leading to greater mainstream acceptance and market stability.
Trends and Challenges
Adoption of Digital Wallets: The increased availability of user-friendly crypto wallets is a key driver of market growth. Wallets with intuitive interfaces and robust security features attract a broader user base, including newcomers to the cryptocurrency world.
Volatility and Market Sentiment: Despite the optimistic outlook, the cryptocurrency market remains highly volatile. Events like the 2022 crash, where Bitcoin lost over 10% of its value in a single day, highlight the risks involved. This volatility can deter low-risk investors and complicates the inclusion of cryptocurrencies in diversified financial portfolios.
Correlation with Traditional Markets: Cryptocurrencies, especially Bitcoin and Ethereum, show a growing correlation with traditional financial markets, including stocks and forex. This correlation suggests that economic conditions and investor sentiment in traditional markets can significantly impact cryptocurrency prices.
Market Dynamics
The crypto market is witnessing increased B2B transactions facilitated by innovative platforms. Companies like Amazon Web Services (AWS) and Shopify are integrating crypto payments, enhancing the practical utility of cryptocurrencies in everyday transactions. Additionally, the development of custom wallet solutions is providing users with more control over their digital assets.
Future Outlook
The future of cryptocurrencies looks promising but remains fraught with challenges. The integration of cryptocurrencies into traditional financial systems, regulatory advancements, and technological innovations will continue to shape the market. However, the inherent volatility and regulatory uncertainties pose ongoing risks that investors must navigate.
In conclusion, while the cryptocurrency market offers exciting opportunities for growth and innovation, it is essential for investors to stay informed about the latest developments and be mindful of the associated risks. The dynamic nature of this market underscores the importance of thorough research and strategic planning in navigating the crypto world.
For a more detailed analysis and the latest updates on the cryptocurrency market, you can explore sources like #Coindesk and #tradingview .
ADA and BNB Price Analysis for November 20
#etf Can Binance Coin (#BNB🔥 ) and #cardano ($ADA ) remain bulliish?The new week has started with the ongoing rise of the market.Top coins by #CoinMarketCap ADA/USDThe price of Cardano (ADA) has risen by 5% since yesterday.Image by #tradingview On the daily chart, the rate of ADA has once again made a false breakout of the resistance level of $0.3951. However, if the bar closes near it or even above, growth may continue to the $0.42 zone soon.ADA is trading at $0.3928 at press time.BNB/USDBinance Coin ($BNB ) is less of a gainer than ADA, rising by almost 2%.Image by TradingViewFrom a technical point of view, the price of BNB is in the middle of a wide channel, which means there are low chances to see any sharp moves soon. In this case, sideways trading in the area of $240-$250 is the more likely scenario for the following week.BNB is trading at $247.4 at press time.
BTC, ETH, and XRP Price Analysis for January 8
#BTC The market is mainly trading sideways today, according to CoinStats.Top coins by #CoinMarketCap BTC/USDBitcoin ($BTC ) is one of the biggest gainers today, rising by 1%.Image by #tradingview On the daily chart, one should pay attention to the daily closure of BTC. If that happens with no long wick and above the $44,729 level, there is a high possibility to see a further growth to the $46,000 zone.Bitcoin is trading at $44,826 at press time.ETH/USD#Ethereum! ($ETH ) has followed the rise of BTC, going up by 0.58%.Image by TradingViewDespite today's rise, the rate of ETH keeps trading sideways, getting energy for a further move. In this case, an ongoing consultation in the range of $2,250-$2,350 is the more likely scenario for the next few days.Ethereum is trading at $2,261 at press time.XRP/USD$XRP is the exception from the rule, falling by 1%.Image by TradingViewXRP remains bearish on the daily time frame as the rate has not bounced back far from the support level. Respectively, there is still a chance to see a support breakout soon.XRP is trading at $0.5631 at press time.🗣🗣Empower Our Mission: Tips For Dedicated Service. 🗣🗣👉Users are encouraged to support the mission by offering generous tips.🗣This empowers creators to work even harder, ensuring the continued delivery of top-notch investment advice. #etf @WISE CRYPTO NEWS
$SOL
SOL/USDT daily chart.
Source: #tradingview
The failure to clear the overhead resistance shows that the #bears are active at higher levels. If the price continues lower and breaks below the 20-day EMA,
it will signal advantage to bears.
The #SOL/USDT pair could slump to the strong support at $126.
Contrary to this assumption,
if the price turns up from the current level or the 20-day EMA,
it will indicate that #bulls continue to buy on dips. The pair could then #rise to $205. If this level is scaled, the pair may jump to $267.
SOL/USDT daily chart.
Source: #tradingview
The failure to clear the overhead resistance shows that the #bears are active at higher levels. If the price continues lower and breaks below the 20-day EMA,
it will signal advantage to bears.
The #SOL/USDT pair could slump to the strong support at $126.
Contrary to this assumption,
if the price turns up from the current level or the 20-day EMA,
it will indicate that #bulls continue to buy on dips. The pair could then #rise to $205. If this level is scaled, the pair may jump to $267.
LIVE
Cointelegraph
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Price Analysis 3/22: BTC, ETH, BNB, SOL, XRP, ADA, DOGE, AVAX, SHIB, TON
Bitcoin’s (BTC) failure to build upon its solid comeback on March 20 shows that bears are selling on relief rallies. The pullback has dampened sentiment in the short term, resulting in net outflows from the spot Bitcoin exchange-traded funds (ETFs) for four straight days, according to data from Farside Investors.
However, the Bitcoin bull market is not yet over, according to a report by CryptoQuant. The on-chain data analytics firm said the bull market generally ends with “84%-92% of investment” from the short-term holders, which currently is at 48%.
Crypto market data daily view. Source: Coin360
The correction before the Bitcoin Halving is a healthy sign for the long-term sustainability of the bull market because parabolic moves are rarely sustainable. Every dip shakes out the weak hands and allows the stronger hands to add to their positions.
Will Bitcoin and altcoins continue their correction, or is it time for the recovery to begin? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
Bitcoin price analysis
Bitcoin rebounded sharply off the 38.2% Fibonacci retracement level of $61,736, indicating that traders view the dips as a buying opportunity.
BTC/USDT daily chart. Source: TradingView
The 20-day exponential moving average (EMA) has flattened out, and the relative strength index (RSI) is just above the midpoint, suggesting a range-bound action in the near term. The BTC/USDT pair may face resistance at $69,000 and support at $60,775.
A consolidation near the high is a positive sign, showing the bulls are holding on to their positions and not rushing to the exit. A break above $69,000 could open the doors for a retest of the all-time high at $73,777.
The downside support is at $60,775, followed by the 50-day SMA ($57,623). Buyers are expected to defend this zone with vigor.
Ether price analysis
Ether (ETH) snapped back from the 50-day SMA ($3,161) on March 20, but the bulls could not push the price above the 20-day EMA ($3,537).
ETH/USDT daily chart. Source: TradingView
The ETH/USDT pair turned down from the 20-day EMA on March 22, indicating that the sentiment has turned negative and traders are selling on rallies. Sellers will make one more attempt to break the 50-day SMA support. If they succeed, the pair may collapse to $2,717.
Instead, if the price rebounds off the 50-day SMA, it will signal that the pair may remain between the moving averages. The bullish momentum could pick up after the pair rises above $3,700. The pair may then reach the overhead resistance at $4,100.
BNB price analysis
BNB (BNB) turned up from the 20-day EMA ($520) on March 20, but the relief rally faces resistance near $590.
BNB/USDT daily chart. Source: TradingView
The long wick on the March 22 candlestick shows selling near $590. The bears will again try to sink the price below the 20-day EMA and open the gates for a drop to the breakout level of $460. This level is likely to witness aggressive buying by the bulls.
On the upside, a break above $590 could push the BNB/USDT pair to the stiff overhead resistance at $645. If this resistance is taken out, the uptrend may continue, and the pair could rally to $692.
Solana price analysis
Solana (SOL) witnessed solid buying at the 20-day EMA ($163) on March 20, but the bulls could not drive the price above $205.
SOL/USDT daily chart. Source: TradingView
The failure to clear the overhead resistance shows that the bears are active at higher levels. If the price continues lower and breaks below the 20-day EMA, it will signal advantage to bears. The SOL/USDT pair could slump to the strong support at $126.
Contrary to this assumption, if the price turns up from the current level or the 20-day EMA, it will indicate that bulls continue to buy on dips. The pair could then rise to $205. If this level is scaled, the pair may ascend to $267.
XRP price analysis
XRP (XRP) bounced off the uptrend line on March 20 and rose above the 20-day EMA ($0.62) on March 21, signaling buying at lower levels.
XRP/USDT daily chart. Source: TradingView
If buyers shove the price above $0.67, the XRP/USDT pair is likely to pick up momentum and travel to the formidable resistance at $0.74. This is an important level to watch out for because a break above it could signal the start of the next leg of the uptrend to $0.95.
On the contrary, if the price turns down and maintains below the 20-day EMA, it will suggest that higher levels are attracting sellers. The pair may oscillate between $0.67 and the uptrend line. A slide below the uptrend line could tug the pair to $0.52.
Cardano price analysis
The bulls successfully defended the $0.57 support in Cardano (ADA) on March 20 but are struggling to sustain the price above the 50-day SMA ($0.63).
ADA/USDT daily chart. Source: TradingView
The 20-day EMA ($0.67) has turned down, and the RSI is in the negative territory, indicating that bears have the upper hand. Sellers will make another attempt to sink the price below the $0.57 support. If they manage to do that, the ADA/USDT pair could drop to $0.53 and later to $0.46.
On the other hand, if the price rebounds off the $0.57 support, it will suggest that the bulls are defending the level. The pair will then make another attempt to rise to the 20-day EMA. A break above $0.70 will indicate that the correction is over.
Dogecoin price analysis
Dogecoin’s (DOGE) relief rally rose above the 20-day EMA ($0.15) on March 20, indicating solid buying at lower levels.
DOGE/USDT daily chart. Source: TradingView
The bulls are trying to sustain the price above the 20-day EMA. If they do that, the DOGE/USDT pair will again attempt to rise above $0.16 and challenge the overhead resistance of $0.19. This level may prove to be a difficult hurdle to cross. If the price turns down from this resistance, the pair may remain range-bound between $0.12 and $0.19.
The next leg of the uptrend is likely to begin after buyers kick and maintain the price above $0.19. The pair may then rise to $0.23.
Avalanche price analysis
Buyers have managed to keep Avalanche (AVAX) above the breakout level of $50, suggesting they are trying to flip the level into support.
AVAX/USDT daily chart. Source: TradingView
The marginally rising 20-day EMA ($51) and the RSI in the positive territory show that the bulls have the edge. The AVAX/USDT pair could gradually increase to the $62 to $65 resistance zone. Sellers are expected to protect this zone with vigor. If the price turns down from this zone, the pair may consolidate between $50 and $65 for a few more days.
The uptrend could resume after buyers overcome the obstacle at $65. The pair could thereafter climb to $75. The trend will favor the bears if the price plunges below $50.
Shiba Inu price analysis
The failure of the bulls to push Shiba Inu (SHIB) above the breakdown level of $0.000029 suggests that bears are selling on rallies.
SHIB/USDT daily chart. Source: TradingView
The flattish 20-day EMA ($0.000027) and the RSI just above the midpoint suggest a balance between supply and demand. This equilibrium will tilt in favor of the bulls if the price rises above the resistance line. The SHIB/USDT pair could rise to $0.000035 and eventually to the strong resistance at $0.000039.
Alternatively, if the price continues lower and breaks below $0.000023, the decline could extend to the 50-day SMA ($0.000018).
Toncoin price analysis
The bulls are trying to push Toncoin (TON) to $4.60, but the long wick on the March 22 candlestick shows stiff resistance from the bears.
TON/USDT daily chart. Source: TradingView
The upsloping 20-day EMA ($3.54) and the RSI near the overbought zone indicate that bulls are in control. If buyers do not give up much ground from the current level, the possibility of a break above $4.60 remains high. If that happens, the TON/USDT pair could start the next leg of the rally at $5.64.
Conversely, if the price turns down sharply from the current level, the pair is likely to find support at the 20-day EMA.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
However, the Bitcoin bull market is not yet over, according to a report by CryptoQuant. The on-chain data analytics firm said the bull market generally ends with “84%-92% of investment” from the short-term holders, which currently is at 48%.
Crypto market data daily view. Source: Coin360
The correction before the Bitcoin Halving is a healthy sign for the long-term sustainability of the bull market because parabolic moves are rarely sustainable. Every dip shakes out the weak hands and allows the stronger hands to add to their positions.
Will Bitcoin and altcoins continue their correction, or is it time for the recovery to begin? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
Bitcoin price analysis
Bitcoin rebounded sharply off the 38.2% Fibonacci retracement level of $61,736, indicating that traders view the dips as a buying opportunity.
BTC/USDT daily chart. Source: TradingView
The 20-day exponential moving average (EMA) has flattened out, and the relative strength index (RSI) is just above the midpoint, suggesting a range-bound action in the near term. The BTC/USDT pair may face resistance at $69,000 and support at $60,775.
A consolidation near the high is a positive sign, showing the bulls are holding on to their positions and not rushing to the exit. A break above $69,000 could open the doors for a retest of the all-time high at $73,777.
The downside support is at $60,775, followed by the 50-day SMA ($57,623). Buyers are expected to defend this zone with vigor.
Ether price analysis
Ether (ETH) snapped back from the 50-day SMA ($3,161) on March 20, but the bulls could not push the price above the 20-day EMA ($3,537).
ETH/USDT daily chart. Source: TradingView
The ETH/USDT pair turned down from the 20-day EMA on March 22, indicating that the sentiment has turned negative and traders are selling on rallies. Sellers will make one more attempt to break the 50-day SMA support. If they succeed, the pair may collapse to $2,717.
Instead, if the price rebounds off the 50-day SMA, it will signal that the pair may remain between the moving averages. The bullish momentum could pick up after the pair rises above $3,700. The pair may then reach the overhead resistance at $4,100.
BNB price analysis
BNB (BNB) turned up from the 20-day EMA ($520) on March 20, but the relief rally faces resistance near $590.
BNB/USDT daily chart. Source: TradingView
The long wick on the March 22 candlestick shows selling near $590. The bears will again try to sink the price below the 20-day EMA and open the gates for a drop to the breakout level of $460. This level is likely to witness aggressive buying by the bulls.
On the upside, a break above $590 could push the BNB/USDT pair to the stiff overhead resistance at $645. If this resistance is taken out, the uptrend may continue, and the pair could rally to $692.
Solana price analysis
Solana (SOL) witnessed solid buying at the 20-day EMA ($163) on March 20, but the bulls could not drive the price above $205.
SOL/USDT daily chart. Source: TradingView
The failure to clear the overhead resistance shows that the bears are active at higher levels. If the price continues lower and breaks below the 20-day EMA, it will signal advantage to bears. The SOL/USDT pair could slump to the strong support at $126.
Contrary to this assumption, if the price turns up from the current level or the 20-day EMA, it will indicate that bulls continue to buy on dips. The pair could then rise to $205. If this level is scaled, the pair may ascend to $267.
XRP price analysis
XRP (XRP) bounced off the uptrend line on March 20 and rose above the 20-day EMA ($0.62) on March 21, signaling buying at lower levels.
XRP/USDT daily chart. Source: TradingView
If buyers shove the price above $0.67, the XRP/USDT pair is likely to pick up momentum and travel to the formidable resistance at $0.74. This is an important level to watch out for because a break above it could signal the start of the next leg of the uptrend to $0.95.
On the contrary, if the price turns down and maintains below the 20-day EMA, it will suggest that higher levels are attracting sellers. The pair may oscillate between $0.67 and the uptrend line. A slide below the uptrend line could tug the pair to $0.52.
Cardano price analysis
The bulls successfully defended the $0.57 support in Cardano (ADA) on March 20 but are struggling to sustain the price above the 50-day SMA ($0.63).
ADA/USDT daily chart. Source: TradingView
The 20-day EMA ($0.67) has turned down, and the RSI is in the negative territory, indicating that bears have the upper hand. Sellers will make another attempt to sink the price below the $0.57 support. If they manage to do that, the ADA/USDT pair could drop to $0.53 and later to $0.46.
On the other hand, if the price rebounds off the $0.57 support, it will suggest that the bulls are defending the level. The pair will then make another attempt to rise to the 20-day EMA. A break above $0.70 will indicate that the correction is over.
Dogecoin price analysis
Dogecoin’s (DOGE) relief rally rose above the 20-day EMA ($0.15) on March 20, indicating solid buying at lower levels.
DOGE/USDT daily chart. Source: TradingView
The bulls are trying to sustain the price above the 20-day EMA. If they do that, the DOGE/USDT pair will again attempt to rise above $0.16 and challenge the overhead resistance of $0.19. This level may prove to be a difficult hurdle to cross. If the price turns down from this resistance, the pair may remain range-bound between $0.12 and $0.19.
The next leg of the uptrend is likely to begin after buyers kick and maintain the price above $0.19. The pair may then rise to $0.23.
Avalanche price analysis
Buyers have managed to keep Avalanche (AVAX) above the breakout level of $50, suggesting they are trying to flip the level into support.
AVAX/USDT daily chart. Source: TradingView
The marginally rising 20-day EMA ($51) and the RSI in the positive territory show that the bulls have the edge. The AVAX/USDT pair could gradually increase to the $62 to $65 resistance zone. Sellers are expected to protect this zone with vigor. If the price turns down from this zone, the pair may consolidate between $50 and $65 for a few more days.
The uptrend could resume after buyers overcome the obstacle at $65. The pair could thereafter climb to $75. The trend will favor the bears if the price plunges below $50.
Shiba Inu price analysis
The failure of the bulls to push Shiba Inu (SHIB) above the breakdown level of $0.000029 suggests that bears are selling on rallies.
SHIB/USDT daily chart. Source: TradingView
The flattish 20-day EMA ($0.000027) and the RSI just above the midpoint suggest a balance between supply and demand. This equilibrium will tilt in favor of the bulls if the price rises above the resistance line. The SHIB/USDT pair could rise to $0.000035 and eventually to the strong resistance at $0.000039.
Alternatively, if the price continues lower and breaks below $0.000023, the decline could extend to the 50-day SMA ($0.000018).
Toncoin price analysis
The bulls are trying to push Toncoin (TON) to $4.60, but the long wick on the March 22 candlestick shows stiff resistance from the bears.
TON/USDT daily chart. Source: TradingView
The upsloping 20-day EMA ($3.54) and the RSI near the overbought zone indicate that bulls are in control. If buyers do not give up much ground from the current level, the possibility of a break above $4.60 remains high. If that happens, the TON/USDT pair could start the next leg of the rally at $5.64.
Conversely, if the price turns down sharply from the current level, the pair is likely to find support at the 20-day EMA.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
#Write2Earn Bitcoin (BTC) Price Analysis for February 8
The growth continues on the cryptocurrency market, according to CoinStats.
BTC chart by #coinstats
BTC/USD
The rate of Bitcoin (#BTC ) has increased by almost 5% over the last 24 hours.
Image by TradingView
On the hourly chart, the price of $BTC keeps setting new local peaks. Currently, one should pay attention to the daily bar closure in terms of the $44,873 level.
Image by TradingView
On the bigger time frame, the rate of BTC is growing after a breakout of the $44,000 zone. If the current candle closes with no long wick, the accumulated energy might be enough for a test of the nearest resistance level of $46,516.
Image by #tradingview
From the midterm point of view, traders should pay attention to the weekly bar closure. If it happens near the interim level of $46,000, there is a chance to see a test of the $48,000 range by the end of the month.
Bitcoin is trading at $45,361 at press time.#TrendingTopic
The growth continues on the cryptocurrency market, according to CoinStats.
BTC chart by #coinstats
BTC/USD
The rate of Bitcoin (#BTC ) has increased by almost 5% over the last 24 hours.
Image by TradingView
On the hourly chart, the price of $BTC keeps setting new local peaks. Currently, one should pay attention to the daily bar closure in terms of the $44,873 level.
Image by TradingView
On the bigger time frame, the rate of BTC is growing after a breakout of the $44,000 zone. If the current candle closes with no long wick, the accumulated energy might be enough for a test of the nearest resistance level of $46,516.
Image by #tradingview
From the midterm point of view, traders should pay attention to the weekly bar closure. If it happens near the interim level of $46,000, there is a chance to see a test of the $48,000 range by the end of the month.
Bitcoin is trading at $45,361 at press time.#TrendingTopic
#Write2Earn DOGE, $SHIB , $BONK and #WIF Price Analysis for February 7
Can WIF follow rise of $DOGE , SHIB and BONK?
Buyers have turned out to be more powerful than sellers, according to CoinMarketCap.
Top coins by #CoinMarketCap
DOGE/USD
The rate of DOGE has risen by 0.81% since yesterday.
Image by #tradingview
Despite today's rise, the price of DOGE has not accumulated enough energy to rise. Until the rate is below the $0.08028 level, there is still a chance to see a correction.
Thus, the volume is low, which means that buyers are not willing to buy at the current prices.
DOGE is trading at $0.07882 at press time.
SHIB/USD
SHIB is less of a gainer than DOGE, rising by 0.13% over the last 24 hours.
Image by TradingView
On the daily chart, the price of SHIB is looking bearish as it is still located near the support level. If the bar closes below the $0.00000880 mark, the accumulated energy might be enough for a breakout, followed by a drop to the $0.00000850 area.
SHIB is trading at $0.00000889 at press time.
BONK/USD
The rate of BONK has gone up by 1.72%.
Image by TradingView
From the technical point of view, the price of BONK is on its way to testing the support level of $0.000009246. If it breaks out happens, traders may expect a sharp drop to the $0.0000080 zone soon.
BONK is trading at $0.00001004 at press time.
WIF/USD
WIF is the exception to the rule, falling by 8.27% over the last 24 hours.
Image by TradingView
On the daily chart, traders should focus on the bar's closure in terms of the support level of $0.1833. If it happens below that mark, the fall may lead to a test of the $0.16 area.
WIF is trading at $0.18012 at press time.#TrendingTopic
Can WIF follow rise of $DOGE , SHIB and BONK?
Buyers have turned out to be more powerful than sellers, according to CoinMarketCap.
Top coins by #CoinMarketCap
DOGE/USD
The rate of DOGE has risen by 0.81% since yesterday.
Image by #tradingview
Despite today's rise, the price of DOGE has not accumulated enough energy to rise. Until the rate is below the $0.08028 level, there is still a chance to see a correction.
Thus, the volume is low, which means that buyers are not willing to buy at the current prices.
DOGE is trading at $0.07882 at press time.
SHIB/USD
SHIB is less of a gainer than DOGE, rising by 0.13% over the last 24 hours.
Image by TradingView
On the daily chart, the price of SHIB is looking bearish as it is still located near the support level. If the bar closes below the $0.00000880 mark, the accumulated energy might be enough for a breakout, followed by a drop to the $0.00000850 area.
SHIB is trading at $0.00000889 at press time.
BONK/USD
The rate of BONK has gone up by 1.72%.
Image by TradingView
From the technical point of view, the price of BONK is on its way to testing the support level of $0.000009246. If it breaks out happens, traders may expect a sharp drop to the $0.0000080 zone soon.
BONK is trading at $0.00001004 at press time.
WIF/USD
WIF is the exception to the rule, falling by 8.27% over the last 24 hours.
Image by TradingView
On the daily chart, traders should focus on the bar's closure in terms of the support level of $0.1833. If it happens below that mark, the fall may lead to a test of the $0.16 area.
WIF is trading at $0.18012 at press time.#TrendingTopic
Top Platforms for analyzing cryptocurrency offers more precise predictions of market trends.
Cryptocurrencies are rapidly becoming a mainstream investment option, and many investors are looking for ways to analyze the market and predict trends. The cryptocurrency market is highly volatile, and accurate predictions are crucial for successful investments. Fortunately, there are several platforms available that offer in-depth analysis and more precise predictions of market trends. In this article, we'll explore some of the top platforms for analyzing cryptocurrency and their features.
CoinMarketCap
CoinMarketCap is one of the most popular cryptocurrency analysis platforms, offering real-time data on over 8,000 cryptocurrencies. The platform provides data on market capitalization, trading volume, price, and other metrics that are crucial for analyzing the market. CoinMarketCap also offers market sentiment analysis and a sentiment analysis tool that tracks social media buzz around cryptocurrencies. This platform is ideal for investors who are looking for real-time data on the cryptocurrency market.
TradingView
TradingView is a platform that offers charting tools and technical analysis for the cryptocurrency market. The platform provides real-time data on cryptocurrency prices, trading volumes, and other metrics. TradingView's charting tools allow users to create customized charts and technical indicators, making it easier to analyze market trends. This platform is ideal for investors who are looking for technical analysis tools to help them make informed investment decisions.
CryptoCompare
CryptoCompare is a platform that provides real-time data on the cryptocurrency market, including price, market capitalization, trading volume, and other metrics. The platform also offers a comprehensive news section that covers the latest developments in the cryptocurrency industry. CryptoCompare's analysis tools allow users to track price movements, compare cryptocurrencies, and create customized charts. This platform is ideal for investors who are looking for a comprehensive analysis of the cryptocurrency market.
CoinTracking
CoinTracking is a platform that offers portfolio tracking and tax reporting for cryptocurrency investors. The platform allows users to import data from exchanges and wallets and generates reports on profit and loss, taxes, and other metrics. CoinTracking's analysis tools allow users to track their portfolio performance, identify trends, and make informed investment decisions. This platform is ideal for investors who are looking for a comprehensive portfolio tracking and tax reporting solution.
Coinigy
Coinigy is a platform that offers trading tools and portfolio management for cryptocurrency investors. The platform provides real-time data on cryptocurrency prices and trading volumes, as well as charting tools and technical indicators. Coinigy's portfolio management tools allow users to track their portfolio performance, set price alerts, and create customized charts. This platform is ideal for investors who are looking for trading tools and portfolio management features.
Conclusion
In conclusion, there are several platforms available that offer in-depth analysis and more precise predictions of market trends for cryptocurrency investors. These platforms provide real-time data, charting tools, technical analysis, and other features that are crucial for analyzing the cryptocurrency market. It's important to do your research and choose a platform that meets your specific needs as an investor. By using these platforms, you can make informed investment decisions and stay ahead of the ever-changing cryptocurrency market.
#tradingview #coinigy #crypto2023 #coinmarketcap #BTC
CoinMarketCap
CoinMarketCap is one of the most popular cryptocurrency analysis platforms, offering real-time data on over 8,000 cryptocurrencies. The platform provides data on market capitalization, trading volume, price, and other metrics that are crucial for analyzing the market. CoinMarketCap also offers market sentiment analysis and a sentiment analysis tool that tracks social media buzz around cryptocurrencies. This platform is ideal for investors who are looking for real-time data on the cryptocurrency market.
TradingView
TradingView is a platform that offers charting tools and technical analysis for the cryptocurrency market. The platform provides real-time data on cryptocurrency prices, trading volumes, and other metrics. TradingView's charting tools allow users to create customized charts and technical indicators, making it easier to analyze market trends. This platform is ideal for investors who are looking for technical analysis tools to help them make informed investment decisions.
CryptoCompare
CryptoCompare is a platform that provides real-time data on the cryptocurrency market, including price, market capitalization, trading volume, and other metrics. The platform also offers a comprehensive news section that covers the latest developments in the cryptocurrency industry. CryptoCompare's analysis tools allow users to track price movements, compare cryptocurrencies, and create customized charts. This platform is ideal for investors who are looking for a comprehensive analysis of the cryptocurrency market.
CoinTracking
CoinTracking is a platform that offers portfolio tracking and tax reporting for cryptocurrency investors. The platform allows users to import data from exchanges and wallets and generates reports on profit and loss, taxes, and other metrics. CoinTracking's analysis tools allow users to track their portfolio performance, identify trends, and make informed investment decisions. This platform is ideal for investors who are looking for a comprehensive portfolio tracking and tax reporting solution.
Coinigy
Coinigy is a platform that offers trading tools and portfolio management for cryptocurrency investors. The platform provides real-time data on cryptocurrency prices and trading volumes, as well as charting tools and technical indicators. Coinigy's portfolio management tools allow users to track their portfolio performance, set price alerts, and create customized charts. This platform is ideal for investors who are looking for trading tools and portfolio management features.
Conclusion
In conclusion, there are several platforms available that offer in-depth analysis and more precise predictions of market trends for cryptocurrency investors. These platforms provide real-time data, charting tools, technical analysis, and other features that are crucial for analyzing the cryptocurrency market. It's important to do your research and choose a platform that meets your specific needs as an investor. By using these platforms, you can make informed investment decisions and stay ahead of the ever-changing cryptocurrency market.
#tradingview #coinigy #crypto2023 #coinmarketcap #BTC
XRP Price in Trouble
#Write2Earn Despite price, $XRP is facing some serious troublesXRP has reached a critical resistance. The token has experienced a period of bullish momentum, capturing the attention of investors and traders. However, the recent price action indicates a retracement from the 26-day EMA, a level that is not typically a strong resistance for assets in a robust #bullmarket . The 26-day EMA, which acts as a barometer for short-term market sentiment, has proven to be a stumbling block for XRP's price. The failure to break above this line signals weakness in the asset's immediate upward trajectory. For assets in a solid uptrend, surpassing the 26 EMA should be relatively straightforward. Therefore, XRP's inability to do so could spell trouble for its short-term outlook.#XRP/USDT Chart by #tradingview If XRP continues to be denied at the 26-day EMA, the likelihood of a rapid retracement becomes a primary concern. A price drop following such a rejection could initiate a substantial rally downslide, which is an unwelcome scenario for XRP. It is a critical period for the asset, as it needs to maintain its recent gains to affirm the confidence of its investors and indicate the possibility of a continued uptrend.Regarding specific support and resistance levels, XRP shows a clear local support around the $0.38 mark, a level that has historically acted as both a floor and a ceiling for price movements. This support level is crucial, as a break below it could reinforce bearish sentiment and potentially lead to further declines toward lower support zones.On the flip side, the local resistance level is currently at approximately $0.56, aligning with the 26-day EMA that is causing current difficulties. A decisive break above this resistance could invalidate the bearish thesis and put XRP back on the path to recovery, possibly opening the doors to test higher levels of resistance formed by past price peaks or psychological thresholds.#BTC
#Write2Earn XRP Price Prediction for February 14
Does rate of XRP growth have enough energy to rise in midterm?
Buyers are giving no chances to sellers, according to CoinStats.
XRP chart by #coinstats
XRP/USD
The rate of XRP has increased by 2.15% over the past 24 hours.
Image by TradingView
On the hourly chart, the price of $XRP has broken the local resistance level of $0.5328. At the moment, one should pay attention to the daily candle closure.
If the daily candle closes above it, the growth is likely to continue to the $0.54 zone.
Image by TradingView
Bulls have seized the initiative after yesterday's bearish bar. If they can hold the initiative, there is a chance to see a resistance breakout and a test of the $0.55-$0.56 area until the end of the week.
Image by #tradingview
From the midterm point of view, traders should focus on the weekly bar closure. If it occurs near the interim level of $0.5398, the upward move can continue to the $0.58 mark until the end of the month.
XRP is trading at $0.5372 at press time.#TrendingTopic #BTC
Does rate of XRP growth have enough energy to rise in midterm?
Buyers are giving no chances to sellers, according to CoinStats.
XRP chart by #coinstats
XRP/USD
The rate of XRP has increased by 2.15% over the past 24 hours.
Image by TradingView
On the hourly chart, the price of $XRP has broken the local resistance level of $0.5328. At the moment, one should pay attention to the daily candle closure.
If the daily candle closes above it, the growth is likely to continue to the $0.54 zone.
Image by TradingView
Bulls have seized the initiative after yesterday's bearish bar. If they can hold the initiative, there is a chance to see a resistance breakout and a test of the $0.55-$0.56 area until the end of the week.
Image by #tradingview
From the midterm point of view, traders should focus on the weekly bar closure. If it occurs near the interim level of $0.5398, the upward move can continue to the $0.58 mark until the end of the month.
XRP is trading at $0.5372 at press time.#TrendingTopic #BTC
Peter Schiff Calls Bitcoin (BTC) Price Surge 'Pump and Dump'
#Write2Earn Peter Schiff has once again slammed most recent #BTC rallyContentsBitcoin’s current trajectoryPotential for pullbackAs Bitcoin is crossing the $50,000 mark, bullish tendencies are covering the whole market. Notably, #Peterschiff , as a well-known critic of Bitcoin, has termed the recent price movements a "pump and dump" scheme. Schiff’s critique comes at a time when Bitcoin's volatility is front and center in the minds of traders. While the digital asset has seen unprecedented growth over the past decade, it has also experienced dramatic price fluctuations, lending some credence to claims of market manipulation. However, detractors of Schiff's viewpoint argue that the long-term upward trajectory of Bitcoin paints a different picture, one where Bitcoin stands as a lucrative, although high-risk, investment when compared to traditional assets like gold.Bitcoin’s current trajectoryExamining the price chart, Bitcoin has recently broken through a resistance level at $48,000, bolstering the asset’s bullish outlook. The next significant resistance is poised around the $52,000 range. If the price maintains its momentum and overcomes this hurdle, we could see an extension of the current rally.$BTC /USD Chart by #tradingview Potential for pullbackA pullback is always within the realm of possibility. If Bitcoin experiences a downturn, the support level near $44,000 will be critical. If this level holds, it could indicate healthy consolidation before another upward movement. Conversely, slipping below this support might validate Schiff's assertions, leading to a broader sell-off.While Schiff has persistently advised investors to invest in gold, which he deems a stable store of value, Bitcoin has emerged as a new-age investment that has outperformed gold significantly, especially in the context of recent inflation trends. Nevertheless, Bitcoin's journey has been accompanied by higher risk and volatility, contrasting with gold's more stable but less dramatic performance.As the market digests the recent ETF listings and the hype surrounding them, the true test for Bitcoin will be its performance after breaking the $50,000 mark. Will Bitcoin sustain its growth, or will Schiff's prediction of a "massacre' come to fruition? Only time will tell.#TrendingTopic
Time to renew/buy your TradingView. I always do it on Black Friday deals each year . I recommend you to do the same 👌🏾💯#tradingview $SOL $XRP
in 9/2/2024 when we hit 47k i told members on tlg that btc will long to 48.5k , 48.6k and these levels are strong if #btc breakout these levels we will see 50k - 52k 👌👍
today 12/2/2024 btc hit the target 50k 💥💪
congrats members 💵🤑
#binance #cryptoholicxpo #tradingview #analysis
today 12/2/2024 btc hit the target 50k 💥💪
congrats members 💵🤑
#binance #cryptoholicxpo #tradingview #analysis
when i told the members from week ago that if #btc close the daily candle above 44k we will see 45k , 46k , 47k , 48k 👌👍 and i hit all the targets 💪
#binance #tradingview #trader #cryptoholicxpo
#binance #tradingview #trader #cryptoholicxpo
after this #bullish from 43k to 48k i think a correction will hit soon to 46.5k to 46k before we see 52k - 58k 👌👍 [ 12 feb 24 ]
#binance #cryptoholicxpo #btc #tradingview
#binance #cryptoholicxpo #btc #tradingview
This Solana (SOL) Chart Pattern May Cause Some Serious Trouble
#Write2Earn Solana currently in situation where it needs much more momentumDisclaimer: The opinions expressed by our writers are their own and do not represent the views of @WISE CRYPTO NEWS . The financial and market information provided on @WISE CRYPTO NEWS is intended for informational purposes only. @WISE CRYPTO NEWS is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.#Solana-SOL is showing signs of a potential double top pattern on its price chart — a bearish formation that could spell trouble for the short-term price action on the #SOL/USD chart. This pattern, characterized by two consecutive peaks at approximately the same level, can indicate that a reversal from the current uptrend may be imminent.The price of $SOL recently faced resistance near the $100.60 mark, where the second peak of the potential double top is forming. A failure to break through this level could see SOL retreating to find support. SOL/USD Chart by #tradingview The first local target on the downside would be the $95.07 level, which previously acted as both support and resistance. A breach below this point may lead to a test of the more critical support at $77.08, a level that could be decisive for the medium-term market sentiment around SOL.If SOL breaks below these support levels, it may confirm the double top reversal, potentially triggering further declines toward the $59.37 area. This level may serve as a crucial psychological and technical support, beyond which there is a substantial void until the next significant support zone.The ecosystem's growth, while robust, has recently been overshadowed by concerns over the failed Jupiter airdrop and the controversies surrounding token allocations. Such events can impact investor confidence and contribute to potential price declines, as market participants reassess the network's governance and the project's execution capabilities.Despite these challenges, there is a bullish scenario to consider. If SOL can maintain its foothold above the $77.08 support and invalidate the double top pattern by breaking above $100.60, it could negate the bearish outlook and pivot toward growth. A successful retest of the $100.60 level as support instead of resistance would open the door for SOL to target higher levels, possibly reaching new highs if broader market sentiment turns favorable.#TrendingTopic
Charles Hoskinson Reveals Extremely 'Bullish' Future for Cardano (ADA)
#AVAX The Voltaire era is the final stage in #cardano 's development roadmap, marking a significant shift toward a self-sustaining system. With the new governance model, network participants are now empowered to use their stake and voting rights to shape the future development of the network, a move that resonates deeply with the ethos of blockchain technology.The Voltaire upgrade introduces a treasury and voting system that allows Cardano users to participate directly in governance and decision-making processes. This level of community engagement is designed to allow impactful decisions regarding software updates, technical improvements and funding decisions through Cardano Improvement Proposals (CIPs) and Funding Proposals (FPs). These proposals enable the #CardanoCommunity to steer the platform in line with collective interests and aspirations.ADA/USDT Chart by #tradingview As Cardano strides toward this new era of decentralization, its market traction has similarly been noteworthy. Recent analyses indicate that ADA, Cardano's native token, has gained momentum and is trading around $0.3537. The asset is gaining traction with reemerging buying pressure and, if it surpasses the resistance level of $0.3550, further gains are anticipated in the near term.The price displays a rounding bottom breakout on the daily chart, and after crossing the $0.35 mark, it teases a potential high-speed rally. Should ADA exceed $0.40, analysts suggest the bullish trend could propel it toward the $0.45 benchmark. Additionally, the price has recently surpassed the 50-day Exponential Moving Average (EMA), a bullish signal for many traders, hinting at a strong recovery and potential for further increases.The live price data reflects a -2.92% change in the past 24 hours but a notable +4.40% increase over the past week. ADA's resilience is demonstrated by its jump to a high of $0.4100, its peak since April of this year, representing a surge of over 66% from its lowest level this year.#Pyth
Don't Miss This Major XRP Support Level on Daily Chart
#Web3Wallet The cryptocurrency market is abuzz with #Ripple's XRP, as recent price action has caught the attention of investors and traders alike. A crucial support level has emerged on the daily chart, which may be pivotal for XRP's future movements.The $XRP chart presents a notable support level at approximately $0.55, where the 100-day moving average lies. This level has historically served as a strong foundation for the price, offering a springboard for bullish runs. Currently, XRP is testing this region, indicating a potential turning point for the asset.XRP/USD Chart by #tradingview The 50-day moving average is also in close proximity, creating a confluence of support that bolsters the significance of this price zone. The trading volume has seen a slight uptick as prices approached these averages, suggesting that traders are eyeing this level for potential buy orders.Should XRP maintain above this support level, the possibility of a bullish reversal becomes more likely. This would entail a strong close above the moving averages, potentially triggering a wave of buying that could target the next resistance near the $0.70 mark.Recent headlines have highlighted significant $SHIB transfers by Binance, a factor that typically indicates substantial market activity. While not directly related to XRP, such large-scale movements within the crypto space can influence investor sentiment across the board, possibly contributing to a general bullish bias.The SEC's ongoing case with Ripple has created a mixed sentiment in the market. XRP slid by 4.10% on Tuesday, reflecting uncertainty as the SEC gears up for a potential appeal. However, the broader outlook remains optimistic, with Ripple's continued global expansion and adoption fueling investor demand. Recent bullish forecasts also hint at the possibility of XRP reaching the $1 mark in November, drawing from historical performance data.As Ripple prepares for potential legal battles in the Supreme Court, the community is watching closely, as such developments could have significant implications for XRP's valuation.#BTC #bitcoinhalving
