Technical Analysis for Hot Coins $WIF , $FLOKI , $XRP and #BOME ... BIG Losers ..
In today's market analysis, we're seeing a mix of trends among hot coins with distinct movements that demand close attention. WIF has experienced a noticeable dip of -2.86%, bringing its price to $2.58. This decline suggests that sellers are currently in control, potentially leading to further downside if it breaks through nearby support levels. Traders eyeing WIF should watch for reversal signals or a stabilization pattern before considering any long positions, as the coin may require some time to regain upward momentum..
Similarly, BOME is down by -2.47%, trading at $0.00876. The minor decline in BOME points toward a bearish sentiment, though its relatively low price may appeal to traders looking for entry points in the next market cycle. XRP also reflects a slight decrease, sitting at $0.5217 with a -0.44% drop. This smaller loss indicates that XRP might be holding better against selling pressure compared to WIF and BOME, with its price stability hinting at a possible support level nearby.
On the bullish side, FLOKI stands out with a positive +0.67% increase, trading at $0.0001456. This gain, albeit modest, shows that FLOKI maintains buyer interest and upward pressure, potentially positioning it as a standout performer among the listed coins. For traders, FLOKI’s upward trend could signal continued buying interest, suggesting that this coin might rally further if the momentum persists. Overall, the varied performances in WIF, BOME, XRP, and FLOKI create a dynamic trading landscape, with FLOKI leading in bullish sentiment while the others reveal signs of potential consolidations or pullbacks.
#BTCBreak71K #BinanceBlockchainWeek #CryptoPreUSElection #PhantomOutage
Yesterday we also managed to pop by Not Your Token - an event celebrating some of the most influential women in #technology in the Asia Pacific region, hosted by AllStarsWomen DAO, Women in Blockchain Alliance, and WEB3WED. 👥
The event was a deep dive into the latest trends in #blockchain, #AI and upcoming technologies. Some projects were there to showcase demos of their product while getting feedback from the participants, with a fun public vote at the end for each attendee's favourite demo.
It was a really good opportunity for founders to gain valuable insights on their project in a nurturing and supportive environment. 😊
The panel sessions were also relevant - covering what investors are looking for in the growing ecosystem and how teams are tackling an AI-first organization.
As #Blocktober comes to an end, we're reminded that these gatherings are important to bring together like-minded people in the space, while also welcoming newcomers interested in the field, for the long-term growth of the ecosystem. 🌐
#OAX #crypto #web3 #web3community #cryptocommunity
🚨🚨 𝗦𝗵𝗶𝗯𝗮 𝗜𝗻𝘂 ($𝗦𝗛𝗜𝗕): 𝗔 𝗖𝗼𝗺𝗺𝘂𝗻𝗶𝘁𝘆-𝗗𝗿𝗶𝘃𝗲𝗻 𝗔𝘀𝘀𝗲𝘁 𝘄𝗶𝘁𝗵 𝗘𝘅𝗽𝗮𝗻𝗱𝗶𝗻𝗴 𝗘𝗰𝗼𝘀𝘆𝘀𝘁𝗲𝗺 🚨🚨
Shiba Inu’s value is strongly influenced by social media dynamics, celebrity endorsements, and a highly engaged community. Given its sensitivity to trending topics, $SHIB remains a speculative asset, with price movements often reflecting the latest online buzz.
The $SHIB ecosystem has evolved to include ShibaSwap, a decentralized exchange enabling token trading and staking. Additionally, Shibarium, a layer-2 blockchain solution, is in development to enhance transaction speed and reduce costs, reinforcing the project’s utility.
At its core, Shiba Inu’s true appeal lies in its meme-driven identity, supported by a dedicated community passionate about its growth and future potential.
$SHIB
{spot}(SHIBUSDT)
#Therapydogcoin #CryptoAMA #BinanceBlockchainWeek #BTCBreak71K
$PEPE flips bullish on rising demand – Is a 36% rally next? - AMBCrypto Analytics
PEPE, currently priced at $0.00000947 after a 5.6% rise in 24 hours, shows signs of a potential rally. While still down 7% over the past week, the broader bullish trend in the crypto market may suggest a reversal in PEPE’s long-term downtrend, which has persisted since mid-October as the coin traded below its 200-day Simple Moving Average (SMA).
The Chaikin Money Flow (CMF) indicator, at 0.18, signals growing buying pressure and waning selling interest. Buyers have outpaced sellers over the last four days, as reflected in the green volume histogram bars. If PEPE flips the resistance at $0.0000097, it could spark a potential 36% rally, pushing the price toward the 1.618 Fibonacci level of $0.0000129.