Bitcoin's recent bullish breakouts and confirmation of strength indicate start of incoming huge bullrun BTC triggered several bullish breakouts on Wednesday as it exceeded a downtrend line, the 50-Day MA, and advanced out of a head and shoulders pattern. Further, yesterday’s close was above all breakout levels thereby confirming strength of the advance.
Today is a rest day with Bitcoin trading in a relatively narrow range around k and successfully test the neckline of the head and shoulders pattern as support (light dotted blue). Once resistance is exceeded to the upside and then tested as support, the advance is cleared to continue to strengthen. A daily close today above the 50-Day line at 65,107 will provide an additional sign of strength Further Tests of Support Would be Normal Nevertheless, a pullback to test support of the downtrend line may still occur. That would not change the improving bullish outlook in Bitcoin as it would be normal to test prior resistance as support. However, a decline to below 61,300 is a deeper pullback that will raise concerns about its ability to continue to strengthen in the near term.
Advance Above 66,773 Gives Bullish Signal A decisive rally above today’s high of 66,773 triggers a bullish continuation of the advance. There will then be two initial price levels to watch for possible resistance. The first is around 68,671 as it was the prior record high from November 2021. Bitcoin should plow right through it as it did initially in early-March of this year.
It will be the second time that a breakout above the 68,671-price level was attempted. And therefore, it should have greater success, first testing the recent record high of 73,836, and then proceeding to new record highs. Nonetheless, there is an interim price target at 70,368/69. That is the completion of an initial target for a small rising ABCD pattern this week Bitcoin is now on track to end the week possibly at a four or five-week closing high. If that happens, it will be real Bullrun and setting new trend of all time high. #BTC #BlackRock #ETFvsBTC
BCH Next move towards 1000 USDT as Bitcoin Cash Halving Successful, Price Up 13% and cross 700 mark? Bach experienced a significant price increase, rising over 10%. This was part of an ongoing positive trend, with BCH seeing a 23% gain in the past week and
43% increase over the last month, reaching its highest price point since May 2021.
But does BCH have the potential to increase more or was this price spike just a temporary reaction? The surge is largely because of the halving event and prevailing optimistic market sentiments. Bitcoin Cash, a proof-of-work blockchain split from Bitcoin in 2017 aiming for quicker, cheaper transactions, has struggled with widespread adoption within the crypto community.
The latest halving, which occurred at block 840,000, cut the mining reward to 3.125 BCH per block, down from the previous 6.25 BCH. This reduction in block rewards should have made a substantial impact, demonstrated by a significant slowdown in block production immediately following the halving.
Despite this, the network has continued to operate, confirming blocks and adjusting to a higher mining difficulty level, the most challenging since 2019. Meanwhile, the average miner’s reward has decreased, marking a pivotal moment in the network’s economic dynamics There has been speculation in the lead-up to the halving, with the price of Bitcoin Cash increasing 147.85% over the past three months. Despite As brief dip before the event, it quickly recovered. After halving now BCH head towards its prime touch aiming 1000 usdt value soon in coming days So Guys keep close eye on its move,
PEPE’s market value surpasses Ethereum’s second-layer network Optimism
According to market data the value of MemeCoin PEPE has surpassed the Ethereum second-layer network Optimism.
At the time of writing this article, the market value of PEPE reached US$3,725,289,174, ranking 40th in the cryptocurrency market value. Optimism’s market value is approximately 3,712,456,172 it shows the trust and interest of community in Pepe #Memecoins #BullorBear #PEPEGrowth #PepeCrypto #memecoin
Solana Meme Coin Takes Over Top 100 Solana’s Dogwifhat Sets record Sights on $4 Ahead of Las Vegas Trip The mega memecoin frenzy escalates with Dogwifhat’s (WIF) supporters setting up a fundraiser to put the community’s pink hat-wearing mascot on the Las Vegas Sphere. One of the globe’s biggest concert avenues, it can host up to 20,000 people during gigs and is one of the main tourist attractions in Vegas. Following the impressive 500% monthly surge, WIF is experiencing a 10% market correction, with the drawdown visible on both Spot and Derivatives on-chain stats. To illustrate, WIF’s Open Interest (OI) has plummeted by 25% to $650 million, depicting a cool-down in Futures trading.
While Derivatives traders are in two minds about WIF, with a long versus short ratio of 0.9577, Binance’s users are the most bullish, with long positions nearly doubling WIF shorts. Spot markets favor the bulls; $7.78 million in bids for WIF outscore the pending sales by over $3 million, according to CoinPaprika data. Guys it is to hold and earn with Dogwifhat because it's Solana meme #dogwifhat #BinanceLaunchpool #Write2Erarn #SOL🔥🔥🔥🔥
Why i Buy BNB Now crypto market heats up before BullRun , many retail and institutional investors are wondering which coins will deliver the biggest gains over 2024 and beyond. With hundreds of mega-cap tokens and thousands of emerging cryptos to choose from, it can be hard to decide what crypto to buy today,but i will tell you to Buy BNB at 1st priority Because BNB BNB is the official cryptocurrency of Binance, the world’s largest crypto exchange. It offers discounts on trading and benefits like early access to new crypto launches on Binance. It’s the 4th-largest crypto by cap.
Key Highlights:
Price as of March 28, 2024: $590.16 Market cap: $54.3 billion BNB’s performance over the past 06 month has been impressive. For much of the time,it was actually up inspite of a US prosecution of Binance and its founder, Changpeng Zhao, for violating anti-money laundering and sanctions requirements.
Binance has now settled that lawsuit and its business has hardly suffered. More important, an investigation into Binance turned up no evidence of fraud—dispelling rumors that Binance could follow the fate of FTX. In other words, the US government determined that the exchange’s financial undergirding is solid.
Now,It might take no time for BNB’s price to reflect good news,which is pumping and making all Time high now. I think Binance is a great business at the center of the crypto world. It’s likely to see continued long-term growth and BNB will touch new heights and investors will be moon so Guys don't get Buy Now #BNBToTheMoon! #Write2Erarn #BNB" #Binance #HotTrends
(ICP) price was one of the best-performing crypto today as demand for the altcoin surged. It surged high at $17.6, its highest point in 2023. It surged by more than 500% from its lowest point in 2023. Internet Computer is one of the most underrated blockchain projects in the world. It is a unique platform more than other popular networks like Solana, Ethereum, and Avalanche.
Unlike these networks, Internet Computer provides a complete suite of products that people can use to build their decentralized Web3 projects. For example, developers have created social media platforms like OpenChat and Distrikt completely on its platform.
Internet Computer has both the infrastructure and the smart contract features that make this possible. As a result, it has been used to build all types of dApps.
The network also introduced ckBTC, a Bitcoin twin that enables developers to build solutions that are handled using BTC. ckBTC has over $12 million in total value locked (TVL).
The main reason why Internet Computer token price is soaring is that its developers launched a trial of artificial intelligence (AI) in the network.
This is a major development because of the role that AI is having in the industry. Recently, we have seen AI-focused companies like Nvidia, Broadcom, and Super Micro Computer surge. Nvidia is now valued at over $2 trillion while Broadcom’s market cap is nearing $600 billion. On daily chart, ICP price is strong bullish trend after bottoming at $2.82 in September. It surged and reached a high of $17.6 today, crossing the crucial resistance point at $16.28, its highest point in January.
ICP remains above all moving averages while the Relative Vigor Index (RVI) and the Percentage Price Oscillator (PPO) have all pointed upwards. This is a sign that the token has the bullish momentum.
Therefore, the outlook for ICP price is bullish as long as bulls are able to clear the current resistance at $17.Now, it will likely surge to the next resistance at $20. so wow #ICP #ICP🚀🚀 #Icpusdt #HotTrends #Write2Erarn
NULS On the MOON Rises today to $1 when market is in bearish trend
NULS (NULS) gets a very bullish rating from InvestorsObserver Sunday. The crypto is up 71.79% to $1 while the broader crypto market is up 1.52%.
Over the last five days, NULS has earned a Very Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of NULS over the past five days by volume and price movement.
The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip. Price Levels NULS is currently trading near its five-day high of $1.05152038376458. The crypto is 4.90% off its five-day high and is 187.06% higher than its five-day low of $0.348361402750015.
NULS price is currently above resistance. With support set around $0.503646596771265 and resistance at $0.662731393676783, NULS is potentially in a volatile position if the rally burns out.
NULS has traded on low volume recently due to market bearish. This means that today's volume is below its average volume over the past seven days but still out of the park.
Becarful,Token Unlock Alerts Guys Next week has major token unlocks lined up, with millions of dollars worth of tokens due to flood markets. Investors should expect volatility around the calendar dates of the specific token unlocks and maintain cognizance that this event is often a bearish catalyst.
Three cliff token unlock events will be of interest this coming week. First on the list will be on the Yield Guild Games ecosystem, which will be unlocking 16.69 million YGG tokens on March 27, worth $13.55 million at current rates.
Comprising 5.39% of the network’s circulating supply, the tokens will be allocated to the community, founders, the treasure and investors, with the latter expected to cash in for quick profits.
SingularityNET
On March 28, the AI crypto network SingularityNET will unlock 8.84 million AGIX tokens worth $9.18 million at current rates.
The tokens make up for 0.69% of the network’s circulating supply, and will be allocated toward AGIX-ADA utility. Token holders should brace for volatility.
Optimism
The biggest token unlocks event next week will happen on Ethereum Layer 2 (L2) network, Optimism on March 29. On this day, the network will unleash 24.16 million OP tokens worth $82.62 million at current rates.
The tokens will be allocated to core contributors and investors and will make up for 2.40% of the network’s circulating supply.
AvAX'Meme Coin Rush' Offers $1 Million in Rewards for Traders
The Avalanche Foundation announced the launch of Meme Coin Rush, a $1 million liquidity mining incentive program aimed at boosting the meme coin ecosystem on the Avalanche blockchain. The Foundation will hand out rewards for providing liquidity for meme coin trading pools on certain DeFi platforms.
This initiative follows the Foundation's recent acquisition of five Avalanche-based meme coins—the dog-themed Kimbo (KIMBO), chicken-themed Coq Inu (COQ), gecko-themed Gecko (GEC), technology joke token TECH, and NOCHILL—as part of its digital culture initiative.
“In the same tradition as the Foundation’s successful past incentive programs, Meme Coin Rush is designed to help scale liquidity and drive momentum, only this time for the community coin ecosystem on Avalanche,” the Avalanche Foundation said in an announcement shared with Decrypt.
Meme Coin Rush also mirrors the earlier Avalanche Rush program, which the Foundation said was instrumental in driving Avalanche DeFi growth when it kicked off in 2021.
According to the latest CoinCODEX report 12 cryptocurrencies are best for investment before Bullrun 2024 yes, that present the most compelling opportunities at the moment. The top three coins on their list are updated weekly to reflect the most up-to-date developments in the crypto and blockchain sector. Here's roundup of the best cryptocurrency to invest in March, 2024.
1.Solana – High-performance blockchain platform for smart contracts 2.Avalanche – Scalable blockchain with customizable subnets 3.Bitcoin – Decentralized peer-to-peer cryptocurrency 4Ethereum – The leading blockchain for smart contracts 5.XRP – Highly efficient digital currency
6.Uniswap – The biggest DEX on Ethereum
7.BNB – A popular cryptocurrency utilized in the Binance ecosystem 8.Mina Protocol – An extremely lightweight blockchain 9.Cosmos – A network of interoperable blockchains 10Litecoin – A cheaper and faster alternative to Bitcoin 11.Shiba Inu – The second-largest meme coin on the market 12.Sui – Scalable blockchain with parallel transaction execution
Guys Pray for My boyfriend seriously injured in car accident 3 days ago and i was away from Trade and you MY investment in BTC of 9k USDT is also decreasing due to sudden reveasl of BTc so now hoping for better But Sol not disappointed give me healthy profit and I recommend it for you because all the market in bearish except Sol and Avax #HotTrends #sol #BTC #WIF #Write2Erarn
I call it Sudden Death for those who are low profile investors and whales took over the markets towards thier destiny
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Rozanne
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Is a bitcoin and crypto crash coming? O MY GOD
Huge drop in just in one hour From $73k to $68K which shaken all crypto market so please Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong
Bitcoin has been on a rollercoaster ride over the past few years. All cryptocurrency is volatile with a track record of “boom and bust“ cycles that have left many wondering whether it’s safe to invest. We explain some of the reasons for bitcoin’s latest price action, along with the 2022 crypto market crash.
All cryptocurrency with whales make it volatile with a track record of “boom with whales bust” cycles that have left many wondering whether it’s safe to invest. #HotTrends #cpi #BTC #ETH #sol
Donald Trump Suddenly Flips On Bitcoin As ‘Tipping Point’ Powers Price To Fresh All-Time High Over $72,000 Amid Ethereum And XRP ETF Speculation
The bitcoin price has rocketed 350% since crashing to recent lows of $15,000 in late 2022, with traders setting a massive new bitcoin price target in recent weeks that could hit sooner than you think.
Now, as China and Russia reveal they're abandoning the U.S. dollar for a bitcoin-inspired alternative, a Silicon Valley venture capital investor has declared bitcoin is at a "tipping point"—and could be about to open the ethereum, XRP and crypto exchange-traded fund (ETF) floodgates.#BTC #HotTrends #Aevo #Launchpool #
Bad news today for Cardano holders today that Cryptocurrency analyst Altcoin Buzz shed light on some concerns in the crypto world, particularly focusing on Cardano (ADA). Despite ADA’s impressive price increase since October 2023, reaching almost 74 cents from 24 cents, there are underlying issues worth noting.
Cardano has always been a topic of discussion, often criticized for its lack of self-promotion compared to other crypto projects. Additionally, its approach tends to be somewhat isolated. However, a new criticism has emerged, suggesting that Cardano hosts a significant number of “dead coins,” according to a report by Alpha Quest Research.
This report, which analyzed over 12,000 crypto projects, revealed that almost two-thirds of projects started during the 2020 and 2021 bull runs have failed. Among the top projects hosting dead coins are Cardano and Terra, indicating a serious issue within their ecosystems.
The criteria for determining a dead coin included low trading volume, inactive social media accounts, defunct websites, and delisting from CoinMarketCap. With 74% of Cardano ecosystem projects classified as dead, it’s a concerning statistic.
Moreover, the report highlighted that the average lifespan of a crypto project is around 2.21 years, with a significant percentage failing within the first six months or one year.
Despite these challenges, there are bright spots within the Cardano ecosystem, such as projects like Wanchain, which are thriving and actively contributing to the network’s growth. ADA’s price performance has also been noteworthy, experiencing a substantial increase over the past year.#TrendingTopic #BTC #HalvingHorizons #Aevo #ADAAnalysis
Binanace Coin BNB is making you millionaire.why??? Top gainer defeating all top Cryptos even BTC. Will Binance Coin towards $550 and Continue To Roar don't be late yes BINANCE RIDING THE STORM
BNB Cross 500 Usdt continue to win battle against Solana and one of the best gainer coin since January 2024 in crypto
Who invested in it now now Dancing on the moon inspite Binance, the BNB issuing platform, remains solid despite the headwinds and regulatory crackdowns, especially in the United States.
What’s worth noting is that the exchange managed to come out strongly from what it said was a “stress test” last year. However, Binance fulfilled all orders, issuing of proof-of-reserve statement as an assurance to skeptics.
The exchange created the industry recovery fund. However, following changes in stablecoin rules in the United States and the Securities and Exchange Commission (SEC) issuing a Wells Notice to Paxos, the issuer of BUSD, a stablecoin, Changpeng Zhao of Binance announced changes last week.
Their move made BNB rally to spot rates, injecting confidence in the industry.
BNB TECHNICAL ANALYSIS BNB Daily Chart For March 2024 The bullish breakout formation remains. From the daily chart, the March bullish engulfing bar sets the trend and anchors the short-term trend. Since prices are above $369, previous support, which is now resistance, traders can look for entries on every attempt to retest this reaction line.
As long as prices remain above this level and the upside momentum strong, as bars band along the upper BB, BNB may easily tear higher above $500
Confirmation of the March bar may see BNB spike towards highs at $550 in a bullish continuation pattern. Further gains above $500 may set the base now
According to coincodex reports about Aevo (AEVO) Price Prediction 2024,
that all are rumors about pricing of AEVO coin There is currently no price data available to produce a price prediction for Aevo. As a rule of thumb, we need a couple of hours’ worth of historical trading data before a price prediction is generated . Keep in mind that the bigger the historical price data sample, the more accurate the price prediction model.
The Aevo price prediction is based on the historical AEVO price data and the cyclical nature of the broader cryptocurrency market, which is largely a product of Bitcoin’s 4-year halving cycle. It is worth noting that the price prediction algorithm is fine-tuned based on each coin’s characteristics, like market capitalization and relative market dominance
if any one is claiming price of that he is just misguiding you i hope you will understand it Now hopes for it's high price so #Aevo staking and #binanace give us handsome benefits
I think and trend telling that rally of meme coins after dominating for a week looks over if they sustained thier chart it will be miracle thier short trade is on Do u agree with me guys
amazing wow you right my 600 usdt today with growing now at 749 usdt what a day for holding it thanks for ur guidelines
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Rozanne
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who took my post seriously Now they are winning side as I posted few days ago as #Flokii again on the moon #TrendingTopic #Aevo #Launchpool #HalvingHorizons
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