Huge milestone hit for @pepecoins in marketcap terms! #pepe | Crypto_News_Expert on Binance Square

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Huge milestone hit for @pepecoins in marketcap terms!
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And one more thing Onchain holders Notcoin 1.6M Shibainu 1.4M Bonk 731k Pepe 235k #Notcoinnews #notcoin

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1. PEPE is currently rising but might dip to 0.00001420 before potentially climbing again. 2. Many are trading due to the ETH SPOT ETF news, but it could lead to a crash, posing a risk for PEPE. 3. Caution is advised with short-term trades on PEPE as it might decline soon. It's wiser to wait for the market to stabilize before making significant moves. 4. PEPE has long-term ambitions, but it's prudent to wait before anticipating substantial gains.

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⚠️ Arbitrum (ARB) Price Breakout Above $1 May Not Last Arbitrum’s (ARB) price is trading above the critical resistance level of $1.17, but this breakout might not be sustained. The reason is most likely that potential profit is occurring at the hands of ARB holders, given the surge in profits. 🔸 Arbitrum Investors Appear Keen to Sell Arbitrum’s price could be noted to have a drawdown owing to the increasingly bearish cues from ARB holders. Their sentiment suggests that selling is the likely outcome, as substantiated by the Market Value to Realized Value (MVRV) ratio. The MVRV ratio assesses investor profit or loss. Arbitrum’s 30-day MVRV sits at 20%, signaling profits, potentially prompting selling. Historically, ARB corrections occur within the 7% to 24% MVRV range, labeling it a danger zone. Further cementing this outlook is the fact that investors are realizing profits. As ARB rallied over the past week, rising by 20%, it also brought the first bout of gains noted in almost a month. Realized losses turned into realized profits across the network and will likely continue rising. This is only possible via selling, and ARB investors could opt to secure their gains before another dip occurs. 🔸 ARB Price Prediction: Bearish Indicators Dominate Arbitrum’s price breached through the month-long resistance of $1.17, and the altcoin is currently changing hands at $1.18. But despite this breakout, the cryptocurrency will likely face a decline due to the presence of intense bearish cues. The Ichimoku Cloud is one such indicator that suggests the market is still bearish. It is a comprehensive technical analysis indicator that provides insights into support, resistance, trend direction, and momentum. As long as the cloud is red, it suggests a positive outcome is unlikely, and this could also be the case with ARB. However, a bounce off the support at $1.17 could initiate a recovery towards $1.30. If the rise can be sustained, this might also invalidate the bearish thesis. $ARB #ARB #Arbitrum

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⚡️ Analyst Sees Terra Classic Spiking 1,134% to $0.00139 as LUNC Confirms Major Bullish Pattern Crypto market analyst Javon Marks expects Terra Classic (LUNC) to record a 1,134% price spike to $0.00139 following confirmation of a major bullish pattern. This price would mark a new all-time high for LUNC, with its current ATH price being $0.00005922, attained in September 2022. LUNC hit this level when it witnessed an impressive 1,336% upswing four months after the broader Terra ecosystem collapse in May 2022. 🔸 Terra Classic on an Uptrend Since October 2023 It bears mentioning that the Terra Classic community has championed narratives aimed at rejuvenating the ecosystem. This move is expected to bolster LUNC’s price action. However, with this campaign facing roadblocks amid community disagreements, LUNC is forced to find its own path to recovery. Terra Classic has so far trailed the broader market, setting itself on an uptrend since October 2023. For context, LUNC collapsed to a low of $0.00005506 on Oct. 18, 2023, marking its lowest value since June 2022. However, this price marked its floor for the cycle, eventually leading to an impressive upsurge. 💬 $LUNC rode on the rally in the broader market from Q4 2023 to record this ongoing uptrend. So far, it has continued to register higher lows, forming an ascending trendline on the 3-day chart. Javon Marks confirmed this in a chart accompanying his recent analysis. LUNC (Terra Classic) confirms a major bullish pattern that can be signaling a monumental continuation towards the first target $0.00058046! With this target and breakouts holding ,an over 414% upside from here to reach it could take place, but looking at the previous breakout… — JAVON⚡️MARKS May 20, 2024 LUNC Readies for a Spike to $0.001391 A recent retest of this trendline sets the stage for an imminent price upswing that could lead to the September 2022 highs. According to Marks, if this structure holds, it could initially result in a price surge to $0.00058046, marking a massive 414% increase from current price levels. #LUNC

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📉 Bitcoin Price Hits Below $67,000: Major Bearish Analyst il Capo Shares What to Expect Next Il Capo of Crypto, one of the most well-known cryptocurrency analysts, evaluated the Bitcoin price, which fell below $ 67,000, in his statement. BTC price experienced a pullback during the hours when the decision for Ethereum Spot ETFs was awaited. Bitcoin dropped to $66,770 on the cryptocurrency exchange Binance. The fate of Ethereum Spot ETFs is expected to be determined around 23:30 Turkish time (UTC+3). However, il Capo said that after the bounce after $65,000, it hit its target between $69,000 and $70,000 and is currently experiencing a decline. Currently, the range between $66,500 and $67,000 is acting as support and forming a higher bottom. If these levels manage to hold, the possibility of an attack to the previous all-time high price level will increase and the secondary target of $74,000 to $76,000 can be achieved, il Capo said. The analyst noted that this is his main scenario. However, the analyst said that if these support levels do not hold, at least the $ 65,000 level will be tested and the Ethereum Spot ETF decision will also play a key role in this process. $BTC #BTC #Bitcoin

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