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Sun, scenery and #Binance #Write2Earn #sanor016CommUNITY #sano016 @sanor016
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This year, we brought the #Binance Valentine's celebrations to Dubai 💛 Our community came together for networking, games, education, and #Binance bouquets! #Write2Earn #sanor016CommUNITY #sanor106 @sanor016
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#Arkham price coils up to retest $0.40 as ARKM exchange flow balance metric reads positive CRYPTOS | 02/13/2024 23:59:00 GMT Share:Share on TwitterShare on FacebookCopy to clipboard Arkham price action has consolidated within an ascending parallel channel, signaling an impending breakdown. ARKM could drop nearly 40% to $0.40 in the long run amid fading Nvidia earnings euphoria. A break and close above the $0.89 range high would invalidate the bearish thesis. Arkham (ARKM) price is trading with a bullish bias, consolidating above an ascending trendline to the downside. However, its upside potential is capped by another ascending trendline. The two technical formations form an ascending or rising channel. Also Read: AI coins Render, Akash Network, Fetch.ai rally on opening of world AI Cannes Festival Arkham price readies for a break down Arkham (ARKM) price acting has formed an ascending channel, contained by two ascending trendlines that hint at a future convergence. This is because the lower trendline is steeper than the upper trendline, such that the lows are climbing faster than the highs. The technical formation suggests a possible break downwards. If the technical formation plays out, the AI crypto coin could break below the lower boundary of the technical formation, potentially going as low as the $0.40 psychological level. Such a move would constitute a 40% fall below the current price action. In a dire case, the slump could send Arkham price all the way down to the $0.05 range low. On-chain metrics to support Arkham price bearish outlook Santiment’s daily active addresses metric has been dwindling over the past few weeks, which is bearish as there are no new addresses being created in favor of ARKM. It points to low crowd interaction, bolstering the bearish thesis. Also, the social dominance and social volume metrics are abysmal, with the shrinking chatter around ARKM token suggesting investor focus in other projects. #sanor016CommUNITY #sano016 @sanor016
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#saManta Network Price Prediction: MANTA could fall 10% Manta Network price is trading below the centerline of the Bollinger indicator amid falling momentum. MANTA could drop 10% to test the most critical support due to the 61.8% Fibonacci level at $2.4379. A break and close above the 78.6% Fibonacci level at $3.0848 would invalidate the bearish thesis. Manta Network (MANTA) price has recorded significant volatility over the past few days as investor attention shifted to low market capitalization tokens as they awaited Bitcoin (BTC) price to break consolidation. Also Read: February's $870 million crypto token unlocks: SUI, APT, SAND, APE, MANTA, AVAX, OP Manta Network price eyes 10% drop Manta Network (MANTA) price could fall 10% to the critical Fibonacci retracement level, the 61.8% at $2.4379. The bearish outlook comes as the altcoin remains within the lower section of the Bollinger indicator, confronting resistance due to its centerline at $3.0044.The Relative Strength Index (RSI) is inclined south, showing that momentum is falling, accentuating the bearish thesis. If the bears have their way, the Manta Network price could extend a leg down to the 50% Fibonacci level at $1.9836. An extended fall could send the altcoin to the 38.2% Fibonacci level of $1.5293, or in a dire case, slump to the 23.6% retracement level at $0.9672. Conversely, if the bulls show resolve, the Manta Network price could push north, overcoming resistance due to the centerline before confronting the 78.6% Fibonacci level at $3.0848. A decisive candlestick close above this level would invalidate the bearish thesis. In a highly bullish case, the gains could see the Manta Network price extend the gains to fill the market range at $3.9087. Such a move would denote a 40% climb above current levels. #sanor016CommUNITY #sano016 @sanor016
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ETH Soars 12% Weekly as Bulls Start Looking at $3K (Ethereum Price Analysis) Ethereum’s price has been rallying aggressively over the past few days. Yet, the market is approaching a strong resistance level that could determine the mid-term fate of ETH. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has been rallying since a rebound from the $2,200 zone. The $2,400 resistance level has also been broken with ease. Currently, ETH is climbing toward the $2,700 resistance level and the higher boundary of the large ascending channel. However, the Relative Strength Index has also been rising, entering the overbought region. This might trigger a possible pullback or reversal as the price reaches the $2,700 resistance level. The 4-Hour Chart Looking at the 4-hour chart, the recent rally becomes much more clear. The price is approaching the $2,700 resistance level almost vertically. This highly bullish momentum is also supported by the Relative Strength Index, which is above the 70% level. Yet, with the RSI being oversold on the daily and the 4-hour charts, the probability of a correction after testing the $2,700 level is significant. #sanor016CommUNITY #sano016 @sanor016
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