😱🚀🚀Watch out for these 3 Altcoins, they may have big explosion potential
Top Altcoins To Buy: Solana (#SOL ) With the ongoing recovery rally in Solana challenging a crucial supply zone at $185, the buyers await a breakout extension. Undermining yesterday’s fall, the SOL price has increased by 2.49% today, making a bullish engulfing candle.
Furthermore, the daily price action forms a double bottom pattern with a neckline at $185. Adding importance to the overhead supply zone, the recent higher price rejection on 29th July warns of massive overhead supply.
As per the Fibonacci levels, the highly anticipated breakout will pump the $SOL price beyond the $200 psychological mark. With the 1.618 Fib level at $223, the altcoin is ready for action. Thus, Solana is a top altcoin you must consider to buy amid this market pullback.
Chainlink (#LINK ) Despite a declining trend in motion, $LINK sustains above the $12 support zone and reveals an upside potential. Taking lower price rejections from the support zone, the altcoin faces opposition from the dynamic 50D EMA.
Considering that the broader market sentiments will improve in the coming weeks, the DeFi token will likely come back with a breakout. As per the Fibonacci levels, the $16.75 and $21 are the two upcoming resistances for the breakout rally in Chainlink. Thud, the underlying potential in the declining Chainlink, makes it a top altcoin to buy this time.
Arbitrum (#ARB ) As the number of active users over the Ethereum layer-2 protocols is increasing, Arbitrum shows massive potential for a bull run
However, the growing RSI divergence in the daily chart as the recent reversal from the 50D EMA approaches the $0.61 support level. Further, a double bottom reversal is possible in the daily chart.
Thus, the underlying shift in bullish sentiments teasing a breakout run could pump the $ARB price to the 200D EMA at $1.11. Thus, the reclamation of the $1 psychological mark with a 63% surge makes it one of the top altcoins to buy amid market pullback.
🇺🇲😱Fed meeting has started: What will be the interest rate decision? Critical moment for Bitcoin
The meeting regarding the #Fed 's future interest rate decision began today. It is anticipated that the decision to be made at the meeting will keep interest rates constant. The decision will be announced at 9:00 p.m. and Powell will appear before the cameras at 9:30 p.m. and answer questions.
According to economists, it does not seem likely that the Fed will make a total interest rate cut decision. The reason for this is Powell's messages. Powell had said before the rate cut that he saw more evidence that inflation was approaching the bank's target of 2 percent. According to FactSet, about 9 out of 10 economists point to September for the Fed's first interest rate cut since 2020. On the other hand, Powell is expected to give hints that the cut will begin in the evening.
"The possibility of a cut is already strong and the Fed could probably use the July meeting to cover ground for a September cut," said Ryan Sweet, chief economist for the #US at Oxford Economics, in a research report published on Friday.
The Fed is expected to discuss a rate cut for the rest of the year, according to the dot plot published in June. In contrast, markets expect more. According to CME FedWatch, the probability that the Fed will cut rates three times in September, November and December is priced at 64 percent in futures markets.
On the other hand, inflation continues to cool. The Fed's monitoring data shows a decline. While Powell frequently emphasizes the increase in employment in the labor market, the three-month average was 177 thousand. This data is significantly lower than the three-month average of 275 thousand a year ago.
Finally, the indexes started to decline with the start of the Fed meeting. The Nasdaq regularly lost more than 1. While the Dow Jones Industrial Average rose by 0.2 percent, the S&P 500 fell by 0.85 percent. In the same minutes, Bitcoin fell from $67,000 to $66,000 and lost 1.5 percent of its value. #BTC #binance
#DOGE : The Meme Coin With Serious Potential During Altcoin Season $DOGE , or Dogecoin, started as a joke but has grown into a popular digital currency. It’s loved for its friendly Shiba Inu mascot and strong online community. Despite recent market dips, DOGE shows positive signs similar to the 2021 bull run. This coin is fast, has low fees, and is supported by many fans and celebrities. These factors make it an appealing choice in the current market cycle. The potential for gains is there, especially if the wider crypto market catches fire again.
#WIF Coin Primed for Gains: Tech and Market Timing Align Perfectly $WIF Coin, a newer player in the crypto space, is making waves. Built on strong tech, it aims to revolutionize secure payments and data privacy. The coin's advanced encryption and blockchain integration set it apart. With a market still rebounding, WIF shows promise. It mirrors the 2021 patterns where altcoins surged post-dips. This could be the perfect time for WIF to shine. Its potential to secure and streamline digital transactions makes it highly attractive right now.
😱🚀🚀2 Bullish Altcoins Predicted to Outperform Bitcoin in August 2024
Book of Meme Trades Above Resistance and Key Moving AverageOn Monday, the price of the Solana-based meme coin Book of Meme (#BOME ) broke above the upper line of its horizontal channel, which has formed resistance since June 29. Since then, its value has risen by almost 10%. When an asset breaks above the upper line of a horizontal channel, it indicates a bullish breakout. It signals increased buying pressure and a potential for a continued uptrend. Traders often interpret it as a signal that market sentiment has shifted positively and that further price growth is underway
Also, $BOME ’s price currently trades above its 20-day exponential moving average (EMA), which measures its average price over the past 20 days. When an asset’s price rallies above this level, it signals that its short-term trend is strengthening and buying pressure has outpaced token sell-offs. If this trend persists in the BOME market, its price may climb to $0.011, a price level it last reached on June 7
Bitcoin Cash (#BCH ) Enjoys Significant Bullish Bias The value of $BCH , the native coin of the peer-to-peer electronic cash system, Bitcoin Cash, has surged by 15% in the past seven days. During the intraday trading session on Monday, the altcoin climbed to a monthly high of $453.80
While BCH’s price has since corrected by 4%, positive sentiments continue to trail the altcoin. At press time, it exchanged hands at $436.11 BCH’s rising Relative Strength Index (RSI) confirms the bullish bias toward the altcoin. It is currently at 65.36, signaling that buying activity significantly outweighs selling pressure among market participants.
Also, BCH’s Chaikin Money Floe (CMF), which measures the flow of money into the asset, is in an uptrend and above the zero line at 0.16.
A combined reading of BCH’s price rally and its positive CMF confirms the possibility of further price growth. If the current trend is maintained, the coin’s price will rally to $453.10. #altcoins
😱🔥Russia starts international payments with crypto: Official statement has arrived 🇷🇺
With the beginning of the Ukraine war in 2022 and the Western sanctions that followed, Russia's perspective on cryptocurrencies has completely changed. This year, #Russia may make some international payments with cryptocurrencies. The statement came from the head of the Central Bank of Russia, Nabiullina.
The head of the Central Bank of Russia, Elvira Nabiullina, stated that they will be able to make some international payments with cryptocurrencies by the end of the year. Speaking to the news agency Reuters, Nabiullina said that she expects the lower house of Parliament to approve the relevant law.
Those who joined crypto with the war There was a serious opposition to cryptocurrencies in Russia until the Ukraine war that started in 2022. In particular, central bank head Nabiullina had many explanations in the past for banning cryptocurrencies.
However, the Ukraine war and the West's seizure of Russia's assets and the imposition of heavy financial sanctions have made the country reevaluate its perspective on cryptocurrencies.
While President Putin also made some positive statements about cryptocurrencies and even Bitcoin, it was noteworthy that Russian regulars changed their negative perspectives.
Recently, large Russian companies have also been facing serious difficulties in making international payments under heavy Western sanctions. Russia has also been included in the SWIFT system under these sanctions.
Despite all this, there is a great contradiction despite Europe's natural gas purchases from Russia.
😱🚀🚀They were not affected by the decline in Bitcoin: 5 prominent Altcoins!
1- Mog coin (#MOG ) MOG, the prominent name of the cat memecoin trend, increased by 10.80 percent in the last 24 minutes. MOG, which has been rising continuously for a while, has also started to be talked about frequently on social media platforms. If the movement in cat memecoins continues, demand for MOG may increase.
2- Bitcoin SV (#BSV ) BSV, one of the Bitcoin hardforks, increased by 8.78 percent in the last 24 hours. BSV, which is careful to stand strong after the halving, seems ready for the bull season. The sharp increases in BTC will increase the demand for BSV.
3- Book of meme (#BOME ) $BOME , which brought innovation to the memecoin category, increased by 4.25 percent in the last 24 years. Benefiting from the memecoin trend, BOME ranked third with this move. BOME, which made a breakthrough after a long break, may target even higher levels if it does not face intense selling pressure.
4- Mantra ($OM ) #OM , one of Binance's new Launchpools, has shown a performance of 3.08 percent in the last 24 hours. Standing stronger than most other Launchpools, OM can be read correctly as $1.50 if it stays above $1.20.
5- Maker (#MKR ) $MKR , an ERC20-based smart contract, has been on the move with the spot ETH ETF section. Increasing by 4.45 percent in the last 24 minutes, MKR has settled into fifth place in the listening. As long as Ethereum remains on the agenda, MKR may continue to be active.
😱🚀🚀We are examining 2 meme coins that will make a big impact in 2025 SHIB PEPE🐶🐸
Shiba Inu (#SHIB ) Price Analysis Regardless of the current market fluctuations, the Shiba Inu price appears to have largely remained unaffected as the rally sustains within a descending parallel channel. The $SHIB price remains stagnant within a certain price range, within the channel, trying hard to prevent an excess bearish trend. Now that the selling pressure has been reduced, will the Shiba Inu price trigger a rebound and reach $0.00002?
The current trade set-up suggests the price may experience more loss in the coming days as the DMI is about to trigger a bearish crossover. Besides, the Bollinger bands are again contracting after experiencing some relaxation. Hence, the SHIB price is believed to maintain a horizontal consolidation until the volume regains some momentum. Until then, no major price action may be expected instead of minor swings below $0.000018.
Pepe (#PEPE ) Price Analysis The Pepe price has maintained significant strength since the start of the year and despite a rise in bearish activity, the token seems to have found a strong base. Hence, the bulls may remain slightly passive for a while, followed by a strong ascending trend.
The recent bearish action has caused the price to drop below the ascending trend line and is failing to reclaim the levels within the ascending triangle. Moreover, the MACD is turning bearish as the levels are about to undergo a bearish crossover, which may trigger a fresh bearish trend. Therefore, if the bulls fail to reclaim the levels above the trend line, then the bears may drag the levels back to $0.00001. Otherwise, a successful rise may place the $PEPE price at its apex, which may further initiate a fresh ascending trend. #memecoins #binance
😱🚀🚀Top 2 Altcoins Providing Year-End Profit: Could be a Hidden Gem Buying Opportunity
TRON (#TRX ) Shows Bulls Ready For A Comeback TRON ($TRX ) is currently priced between $0.13 and $0.14, with bulls gearing up to break the resistance at $0.14. The coin's Relative Strength Index (RSI) at 33.29 suggests it is oversold, hinting at potential upward movement. The Stochastic indicator, with a low reading of 7.41, also indicates a bullish opportunity. TRX has increased by 1.51% over the past week and 10.61% over the past month, with a notable six-month gain of 21.62%. If bulls can muster strength, TRX might target the next resistance at $0.15, representing a potential rise of around 7% from its current range.
Notably, Tron’s active addresses are higher than Bitcoin and Ethereum combined, and significantly surpass those of other popular blockchains like Polygon, Solana, and Binance Chain. Additionally, Tron has become the second largest blockchain in the industry, managing over $7.3 billion in total assets.
#Kaspa Shows Potential Despite Bullish Weakness Kaspa (#KAS ) currently trades between $0.17 and $0.20, with the bulls showing some weakness. The nearest resistance level at $0.21 remains unbroken, indicating that bears might still have some control. However, with the coin's 10-day moving average at $0.19 and a 100-day average of $0.18, there is potential for steady growth. Over the past six months, Kaspa's price has surged by over 80%. If it crosses the resistance levels at $0.21 and $0.23, it could see a rise of around 15% to 35% from its current range. The RSI stands mildly bullish at 54.25, signaling more potential upside ahead. #altcoins
😱🚀🚀Top 3 Solana meme coins with big breakout potential
The First Solana Dog: Bonk ($BONK ) BONK, is marketed as the first dog-themed token on the Solana blockchain “for the people, by the people,” with 50% of its total supply airdropped to members of the Solana community. #BONK launched in December 2022, and its launch caused $SOL to gain 34% in 48 hours. The project’s goal is to bring liquidity back to Solana-based decentralized exchanges.
Dogwifhat ($WIF ) Dogwifhat (WIF) is another Solana superstar worth buying now. Over the past two weeks, this top dog gained over 39% and trades for $2.56. The token quickly became a fan favourite, amassing a market cap of over $2.5 billion. #WIF suffered heavily in the recent market downturn but has stabilized and looks ready for a rally.
BOOK OF MEME ($BOME ) $BOME ’s unique and experimental approach blends memes, decentralized storage solutions and gambling into a unified space, aiming to disrupt Web 3 culture. While the novel idea is left field, the project has received immense support from its community, showcasing the innovative and creative nature of memecoins. #BOME is one-of-a-kind and may just be the unicorn the industry has been searching for. #memecoins #solana
😱🚀🚀Arbitrum whales are hungry: Is the expected rise starting?🐋🐋
#Arbitrum (#ARB ) has aroused curiosity with its whale activities.
The list of whale addresses holding Arbitrum between 10,000 and 10,000,000 has been shown to have increased since April 1. As a result of the writing of the news, $ARB 's whale record has been renewed. Arbitrum, which is seen as one of the important names of Layer-2 projects, has gained upward momentum with the recovery of the market.
The onchain data that should be noted for Arbitrum is that despite the price increase last month, these whales continued to work for ARB. According to Santiment's systems, Arbitrum whales have increased by 4 percent in the last 30 days. The increase in ARB's whales occurred due to the parity being subject to heavy sales in the last few weeks. The popular altcoin, which is almost approaching its listing price on the exchanges, has started to rise with BTC targeting $ 70,000.
ARB is currently seen against the market value of the token and the realized value (MVRV). The token’s MVRV ratio is negative when evaluated against various moving averages. In particular, the MVRV amounts for ARB’s 90-day and 365-day moving averages are minus 18.63 percent and minus 42.42 percent, respectively.
On the other hand, an MVRV ratio below zero indicates that the asset in question is below the average purchase price of all tokens in circulation in the market. In these signs, its presence is said to be low. A negative MVRV ratio presents a good buying opportunity because the asset is trading at a lower price and they can accumulate it at that level and sell it at a higher price. #altcoins #binance
😱🚀🚀Watch out for these 4 Altcoins, the bullish signal is clear, they may experience a big breakout soon
1. Arbitrum
Despite a 57.5% year-to-date decline, Arbitrum has caught the attention of crypto whales. According to IntoTheBlock, net flow for Arbitrum from large holders has increased by a staggering 87% in the last seven days.
Why Whales Are Interested:
Potential for price appreciation after a significant decline. Increasing institutional interest and adoption.
2. $XRP #XRP has seen a surge in interest from large holders recently. According to Santiment, the number of addresses holding 100 million to 1 billion XRP tokens has increased since July 23. The supply has increased from 38% to 40%, indicating increasing confidence among large investors.
Why Whales Are Interested:
Positive market sentiment and potential for regulatory clarity. Significant increase in accumulation by large investors.
Despite being 33% off its all-time high, Ondo has attracted significant interest from crypto whales who see the current price as a discount. Data from IntoTheBlock shows high levels of institutional engagement and adoption in recent months.
Why Whales Are Interested:
Perceived low valuation and potential for price recovery.
Strong institutional interest and ongoing adoption.
4. $ADA
Cardano saw a dramatic 10,878% increase in large investor inflows in a single day, pushing it above the $5 billion mark. #ADA is currently 31% up from its July 5 low of $0.31, indicating a strong bullish trend.
Why Whales Are Interested:
Potential for a large price recovery. Large investors are accumulating more ADA in anticipation of a full recovery.
😱🔥Kamala Harris administration met with 3 major crypto companies 👀
#donaldtrump 's great support for cryptocurrency has also started to contact some cryptocurrency companies on behalf of Harris. According to the news of the Financial Times from the British media, the Harris group has contacted Coinbase, Circle and Ripple Labs.
Despite the SEC... According to the information of 4 names that the Financial Times did not mention but have information about them, the Harris administration wants to restart its relations with the crypto world. Among the companies contacted are Coinbase and Ripple, which the SEC has had serious problems with and is being sued. Another company is the US-based stablecoin issuer Circle... The Financial Times news also stated that the Harris group, Ripple and Coinbase refused to comment on the issue and that Circle has not yet responded.
"No interest in donations" Although there was no official response from the Harris groups, the Financial Times reached out to some people who provided consulting support to the Kamala Harris campaign. These people stated that there was no new donation strategy behind the contact with the crypto world as claimed.
There were significant donations, the latest of which was Donald Trump's accumulating crypto world.
A cross-border crypto-supporting movement called Fairshake, like Coinbase, Ripple and Andreessen Horowitz, has also raised more than $200 million. Although the majority of the people in this movement are Republican senators, it is not unnoticed that there are Democrats. The political movement committee called “super-PAC”, which has the right to make such unlimited spending, can support not only presidential candidates but also senators and other members of parliament running in the states.
😱🔥Justin Sun called on the Chinese government for Bitcoin: You must intervene
#TRON founder #JustinSun called on the Chinese government to change its Bitcoin steps. Referring to Donald Trump's words about Bitcoin, Sun said, "China also needs to move forward and take steps in this area."
Sun also sent a "Bitcoin emoji" message to Elon Musk. US presidential candidate Donald Trump's speech at the Bitcoin Conference on Saturday stirred up major players in the crypto world. Although there are many names on his behalf regarding Bitcoin, one of these names was Justin Sun.
"They must take action" Sun addressed the Chinese government from the X account, which has more than 3.5 million followers, and said: "With President Trump's statements, the Bitcoin strategy in the US has entered a new path. China also needs to be taken over. The right steps need to be taken in this area. It will be remembered that the entire sector will benefit from the struggle between China and the US in this region, and Sun has said several times a year that the bans imposed by China on cryptocurrencies will continue for "not too long". Sun stated that this situation could also happen in the next bull season.
A Bitcoin emoji message to Elon Musk... Sun addressed Elon Musk about the Bitcoin emoji, which was removed from X the week it was developed: "The Bitcoin emoji, which can be considered a tradition for the Bitcoin community, was removed from X.
President Trump said in his speech that Bitcoin could surpass the market value of gold. In such an environment, we demand that Elon Musk rearrange this emoji. What are we prepared to do as a community? "Elon Musk is a businessman known for his support of cryptocurrencies... He is one of the talented people who learned Bitcoin... In fact, his support for Bitcoin was even before Trump. The Bitcoin emoji was soon hidden back in the X where it belongs." #BTC #Bitcoin_Coneference_2024
#WLD Could Be the Hidden Gem in the Next Altcoin Season $WLD stands for Worldcoin, a cryptocurrency with a mission to create a global digital identity network. It’s designed to give everyone access to the digital economy, even those without internet. Worldcoin uses a unique orb-shaped device to eyeball-scan and verify users, making sure each person only gets one Worldcoin. With its aim to include everyone, WLD could shine in the next altcoin season, offering a fresh and promising tech in the crypto space. Its focus on global participation makes it an attractive candidate in the current market cycle.
#SUI Coin: The Underrated Gem Ready for the Next Altcoin Season SUI Coin is breaking through the clutter with its innovative approach and robust technology. This coin aims to provide secure, fast, and scalable transactions, making it a perfect fit for the evolving digital landscape. With patterns similar to the bullish trends in 2021, $SUI Coin is looking increasingly attractive. Analysts believe that its unique tech and growing community support could help it gain significant traction in the upcoming altcoin season. Now might be an excellent time to keep an eye on SUI, as it holds strong potential for future gains.
#STRK Showing Promising Signs Despite Recent Market Dip $STRK is an emerging cryptocurrency with great potential. It aims to make financial transactions cheaper and faster using blockchain technology. Despite the recent market dump, STRK shows patterns similar to the 2021 bull run, suggesting it may soon rise in value. Its technology is designed to facilitate secure and efficient money transfers, appealing to both investors and tech enthusiasts. With increased adoption, STRK could be a standout in the upcoming altcoin season, making it an attractive option in the current market cycle. #altcoins
🚨🤯Breaking News: Crowd goes absolutely nuts after Donald Trump vows to fire #SEC Chairman #GaryGensler during the Bitcoin Conference in Nashville, Tennessee.
Trump was clearly taken aback at the crowd's reaction when he made the announcement.
"On day one, I will fire Gary Gensler and appoint a new SEC chairman," Trump said as the crowd went nuts.