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๐ฅ๐ฅCandidates to Be This Week's Best Altcoins: Notcoin (NOT) and BONK Price Prediction #BONK Price Analysis The price of Bonk has recently shown a significant rise, trying to overcome the nearby resistance levels. Despite this, the bears are actively trying to block further rises and are creating a strong resistance near the $0.000037 level. Currently, the price of Bonk is located at $ 0.000035, which reflects a decrease of 2.8% in the last 24 hours. It seems that the $BONK /USDT trading pair will surpass the Fibonacci levels and reach the resistance of $ 0.000048. It is vital for the bears to maintain this level to maintain their control, as exceeding this level can signal a change in Sunday dominance. If successful, the price may rise to a new ATH next week #Notcoin Price Analysis The Decoin price fluctuates around the moving averages on the 15-minute price chart, reflecting the important struggle between buyers and sellers. Recently, the bears managed to send the price below the EMA trend lines. As of writing, the $NOT price is trading at $0.0051, having increased by more than 2.8% in the last 24 hours. Sellers are trying to keep the price below the moving averages and Fib lines. If they are successful, the #NOT /USDT pair may fall to the base support level of $ 0.0046, which could possibly lead to aggressive purchases by buyers. a strong recovery from $0.0046 may prolong the horizontal movement. To indicate a change in momentum, buyers need to overcome the decreasing resistance channel. Achieving this could trigger a rise to $0.0057 and potentially reach the main resistance of $0.0068. #altcoins #binance
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๐ฑ๐๐Donald Trump fuels the crypto fire: She could start the Bull! Former #US President #donaldtrump said in a post on Truth Social, a social media platform owned by Trump Media and Technology Group (TMTG), on May 25, โOur country should be the leader in this field, there is no second place.โ โI am positive and open-minded towards cryptocurrency companies, everything related to the new and emerging sector," Trump said, taking aim at current president Joe Biden, whom he will face in the presidential race in 2024, when the US elections will be held on November 4. Donald Trump is leading the race! Trump made his comments ahead of his speech at the Libertarian Party National Convention, which will be held in Washington on the same day. Trump's positive approach towards crypto recently has, of course, raised expectations for the crypto industry. According to Polymarket, a New York-based crypto forecasting platform, Trump has a 56 percent chance of winning the election, while current President Joe Biden has a 38 percent chance. This development comes just after Trump's presidential campaign announced that it would accept cryptocurrency donations. On May 21, the Trump 2024 campaign announced a fundraising page for eligible people to donate with cryptocurrency using the Coinbase Commerce product. In addition to making positive public statements about Decryption, Trump is also known to meet with crypto enthusiasts. Cointelegraph recently shared that people who bought Trump's โMugshotโ NFTs had the opportunity to dine with Trump at his Mar-a-Lago residence on May 8. The dinner was part of a deal to buy digital artworks featuring his passport photo, which was taken at the time he turned himself in at the Fulton County Jail in Georgia. #BTC #binance
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๐๐ฅWhy should we keep SHIB, FLOKI, BONK in the long term? The meme coin sector has emerged as one of the most promising sectors within the crypto realm amid this yearโs bull cycle. Offering crypto investors attention-grabbing ROIs, #SHIB $FLOKI , and BONK have led the pack, fueling immense investor optimism with their cryptographic developments. Hereโs an overview of why crypto investors might want to buy and hold $SHIB , FLOKI, and #BONK right now. Coinbase Extends Support For $SHIB , FLOKI, & BONK Adding to the credibility of investment opportunity, Coinbase, a renowned cryptocurrency exchange, has recently introduced perpetual futures contracts for Shiba Inu (SHIB), FLOKI, and BONK. These contracts are anticipated to inject a significant amount of capital into the coinsโ ecosystem, paving the way for optimistic future price movements. Whale Accumulations On The Rise Meanwhile, numerous reports by CoinGape Media spotlight that Shiba Inu and FLOKI accumulations by whales have been on the rise. This hints at increased confidence among large-scale investors for the meme coinsโ future price movements. Derivatives Data Analysis Whereas, Coinglass data further paints an optimistic portrait of SHIB, FLOKI, and BONK meme tokens. Upon looking at open interest charts, it can be seen that SHIB Futures OI has surged to unprecedented levels since February this year. Moreover, BONK and FLOKI OI followed, surging to record highs since the start of this yearโs bull run. SHIB, #floki and BONK Price Movements CoinMarketCapโs data further underscores the phenomenal bull run embarked upon by these meme-based investment products this year. Itโs worth noting that a post-BTC halving price rally has yet to kick in. Shiba Inuโs yearly charts show gains of 192.80%, whereas FLOKI rallied 622% during the same period. BONK, on the other hand, surged exceptionally over the past year, worth 8822%. #altcoins
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๐ฑ๐๐2 Altcoins Ready to Dominate the Bull Market Render ($RNDR ) Price Movement and Forecast The render Decryption is currently active at a price ranging from $9.38 to $11.11. The price fell by 4.43% this week, but increased by 9.66% last month. Looking at the past six months, the cryptocurrency has increased by an impressive 199.30%. The #RNDR is currently at $12.17, which is the next resistance level, and the support is located at $8.71. The coin's movement is more corrective, as it falls below the 10-day and 100-day average prices of $10.31 and $10.70, respectively. However, there may be room for upward movement with an RSI of 35.52 and a relatively low Stochastic value, indicating that it is not in an overbought zone. The negative MACD level also warns for immediate upward momentum. #Arbitrum Price Action: What's Next in ARB? Arbitrum's ($ARB ) trading price has seen several changes recently, ranging from $0.91 to $1.06.Dec. After a rise of 18.90% last week, the price has experienced a slight decline of 2.32% in the past month. Compared to six months ago, the current price shows an improvement of 12.53%. ARB is currently alternating between efforts to go higher and Deceleration efforts, which indicates that he may be in the correction phase. The coin's simple moving averages point to a potentially bullish trend, as the 10-day average ($1.19) is above the 100-day average ($1.11). Indicators such as the RSI at 52.45 indicate that the ARB is in a balanced zone, neither overbought nor oversold. With the stochastic and MACD levels showing room for movement, the ARB can target the nearest resistance, $1.14, unless selling pressure pushes it towards the $0.84 support. #altcoins
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๐ฑ๐๐Are Altcoins Ready to Explode: The Most Attractive Altcoins of 2024 #Dogecoin Shows a Stable Presence in the Volatile Market Dogecoin has been staying in a familiar price December lately. There was a moderate level of interest, it moved towards a higher price point, but it has not yet exceeded this level. The negative side is that the cryptocurrency has a remarkable stability without falling to the predicted lower levels. The mood of the market seems balanced and there is no strong pressure in either direction. $DOGE 's large online community and its use in tips and transactions allows it to maintain its validity even in a Sunday where other cryptocurrencies are facing more dramatic movements. #SUI Token Shows Volatility Amid Market Fluctuations The Dec Tue of the $SUI token's recent movements in value indicate a phase of uncertainty as it oscillates between high and low levels. The token is currently hovering near a lower value after experiencing a decline from the higher levels seen earlier. Nevertheless, its history shows that it has the potential to escalate. He finds himself at a critical juncture with support that could spur recovery, while facing headwinds that could push him further down. Sui's technological strength and unique features may eventually play an important role in its long-term course in these Sunday conditions. #SEI Token Witnesses Market Pressure Amid Fluctuations The $SEI token is currently showing signs of downward pressure, which is also reflected in recent price declines. However, the past months have also marked a period of growth. Investors seem cautious due to the tendency to sell near certain price levels and buy around lower prices, as evidenced by the token's trading activity. Despite this, the previous growth line of the SEI points to the potential for improvement. Due to its role in the cryptocurrency ecosystem, further development and adoption could affect its direction and potentially reverse the cautious approach. #altcoins #binance
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