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🚨Bitcoin Prices to Surpass $70,000 Soon
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Pepe Coin Price to Rally $0.000015 In October? During Monday’s trading session, the Pepe coin price saw a 3% drop, retesting the crucial $0.00001 support level. This bearish movement aligned with Bitcoin’s fall below the $65,000 mark, sparking a corrective phase across several major altcoins. Despite this, PEPE is set for a sharp recovery, driven by accumulation and the completion of a bullish pattern. Can PEPE Coin Price Surge to $0.000015 by October? Within a month, the PEPE coin price rallied $0.00000633 to $0.0000119— an 89% increase. This bullish reversal managed to reclaim crucial daily EMAs (20, 50, 100, and 200), signaling a positive change in market sentiment. A deeper analysis of the daily chart shows this reversal breached the resistance trendline of a falling wedge pattern. This chart pattern drove a steady correction within two converging trendlines for four months before offering a breakout. The post-rally aligned with the late September rally pushed the asset to a $0.0000119 high before reverting to $0.0000108. The coin price is poised for temporary consolidation or pullback to $0.00001 and recuperates the bullish momentum. The post-breakout rally could bolster the asset for $0.0000135 before surpassing the $0.000015 mark. large wallet holders possessing between 100 million and 1 billion PEPE coins have actively accumulated, pushing their holdings to a staggering 13.51 trillion coins. This significant increase in accumulation suggests that whales are positioning themselves for a potential price surge, indicating growing confidence in future price growth. Conclusion: If the PEPE price post-rally correction manages to sustain above the $0.00001 level by mid-October, a recovery toward $0.000015 is likely. Follow Us Like Share Comment Repost

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Will Shiba Inu Price Repeat Its Historical Triple-Digit Surge This October? SHIB, the second-largest coin, plunged over 8% during Monday’s U.S. market trading hours. The sharp plunge can be attributed to Bitcoin drop below $65,000, with an intraday loss of 3%. With the meme cryptocurrency sector often volatile to new market changes, the Shiba Inu price hints at a potential retest to $x. support. Will the uptober rally sentiment trigger a major reversal? Is Shiba Inu Price Set for Another Triple-Digit Surge in October? The Shiba Inu price prediction is anticipated for prolonged recovery in October, showcasing an average return of 283%. While the fourth quarter appears promising for a potential rally, achieving triple-digit gains may be overly optimistic due to SHIB’s extraordinary rally in 2021. The likelihood of a similar surge is diminished due to waning interest in meme assets and increasing competition, diverting investor attention away from SHIB. However, the SHIB supply in top addresses remains sidelined at 61%,This sideways movement suggests that major investors are adopting a HOLD strategy. Additionally, Shiba Inu’s supply on exchanges has seen a notable decrease this year, now standing at $144.4 trillion. This decline indicates reduced selling pressure and further aligns with the outlook for a potential price recovery. Follow Us X / trend Like Share Comment

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Jerome Powell Optimistic On Cooling US Inflation, Bitcoin Rally Imminent? Jerome Powell Is Confident That They Can Bring Inflation To 2% Powell stated at the 66th NABE annual meeting that they are confident that inflation is on a sustainable path to dropping to their target of 2%. He further mentioned that they are confident that the US economy is strong overall. The labor market is an area that has drawn concerns that the US economy might not be as healthy as it seems. However, the Fed chair stated that the labor market is solid, having cooled off from its volatile state two years ago. He added that they do not believe they need to see more cooling in the labor market to be confident that they are on track to achieving the 2% inflation target. Jerome Powell also suggested that the Fed is in no hurry to cut interest rates any further this year. At the September FOMC meeting, the Fed Chair had stated that there would be two more 25 basis points (bps) rate cuts this year. in his latest speech, he warned that further rate cuts this year will depend on the incoming inflation data.He said that they would continue to assess the US economy meeting-by-meeting.The positive is that Jerome Powell is confident that the economy is heading in the right direction. He also assured that they won’t hesitate to cut rates if the inflation data is favorable. Powell said there could be another 50 bps rate cut this year if these inflation data are favorable.This aligns with Federal Reserve’s Raphael Bostic, who hinted that he might favor another 50 bps cut this year. Will The Bitcoin Price Continue To Rally Despite Jerome Powell not asserting that there could be more rate cuts this year, the Bitcoin price still boasts a bullish outlook and could continue its rally.The trading firm QCP Capital recently alluded to global monetary easing policies from countries like China while stating that they expect BTC to benefit from such measures,given its status as a risk-on asset.Bitcoin is entering the fourth quarter,when it records its most returns in the year. Follow Us X / trend

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Terra Luna Classic Price Technical Analysis: Is $0.00015 Next? The chart presents a reversal pattern— specifically an Inverse Head and Shoulders pattern, which is a bullish reversal signal. The price has been trending downward, but this pattern indicates a potential shift to the upside. Key Support and Resistance Levels $0.0001: This is the neckline of the inverse head and shoulders pattern. Below it, there’s major support at $0.000008 from recent lows. $0.000142: This is the projected breakout target based on the height of the head-to-neckline distance. It represents a potential gain of approximately 43.78% from the breakout level. After completing the right shoulder, the price rose up and broke above the neckline, indicating bullish momentum. If the price sustains above the neckline, it will confirm the breakout, triggering a significant bullish move higher. A volume-confirmed breakout above the neckline suggests a potential long-term bullish reversal. However, if the LUNC price fails to sustain above the neckline, it could signal crypto market weakness and could fall below 0.000008, the low of the right shoulder, invalidating the current bullish thesis. Follow Us X / trend Like Share Comment Repost

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Binance Founder Changpeng “CZ” Zhao Discloses His Future Plans Binance founder Changpeng “CZ” Zhao has articulated his vision for the future after his release from custody recently. He emphasizes a continued commitment to blockchain technology, artificial intelligence (AI), and biotechnology, highlighting his long-term dedication to these fields. Despite facing legal challenges in the United States, Zhao remains optimistic with a focus on impact and not returns. Binance Founder Changpeng Zhao Charts New Path in Tech and Charity Post-Custody In a reflective statement made on the social media platform X, Changpeng “CZ” Zhao shared his experiences and aspirations following his recent stint in custody. Former Binance CEO was released on September 27 from a correctional facility in California, Zhao outlined a series of initiatives he plans to focus on in the coming years. Central to his message was the commitment to driving technological innovation and social impact, particularly through new ventures in education and charity. The Binance founder expressed his long term commitment to blockchain stating, Zhao noted the success of his recently launched project, Giggle Academy,an online educational platform providing accessible learning opportunities.He expressed his enthusiasm about dedicating more time and resources to this non-profit initiative, which will be part of his life moving forward. Continuing Investment in Innovation Despite the setbacks associated with legal issues in the US, including a hefty fine and compliance monitoring, Changpeng “CZ” Zhao remains undeterred in his support for technologies. He reiterated his investment strategy, which focuses on impact over returns. Zhao’s leadership prior to stepping down, played a pivotal role in shaping the digital asset exchange landscape.With Richard Teng now at the helm,Zhao expressed confidence in Binance’s ability to continue thriving without his direct involvement. He noted Binance seems to be doing well without me back-seat-driving,which is excellent. Every founder’s dream Follow

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