While no one can accurately predict the future, the recent decline in the price of #BONK could pave the way for a deciding moment for the asset’s future price.Such a substantial price drop can easily turn into a downward spiral that sends the price into hard-to-recover-from levels. The second largest meme coin, Shiba Inu, is an example of a token that has faced a similar struggle. While SHIB has impressed in recent weeks, it remains 87.79% below its October 2021 all-time high.Meanwhile, BONK’s decline could also pave the way for a new crop of holders who missed out on the initial run-up to build a position. However, there is no guarantee this would be favorable, and investors should conduct thorough research before jumping in.In BONK’s case, the recent listing on Coinbase could help its course in the same way that Solana’s recent rise to stardom has impacted BONK’s price positively.However, continued selling pressure could see investor confidence evaporate and potentially send the token into the ashes, where most meme coin-related projects end up after their classic moments.$BONK

The #Bitcoin market has fallen a bit, but it also sees a lot of support in the region we are currently trading in. This is a market that also has the backing of Wall Street, which means that stabilization might be easier than in the past.
Bitcoin Technical Analysis:
The bitcoin market has fallen during Asian trading and at this point in time is looking at the $64,000 level to see whether or not it is going to be supported. I do think eventually it gets supported, but we may need to work off a little bit of fear in the markets. This isn’t just about Bitcoin, this is about the world, quite frankly, as there have been a massive amount of negative positions put on out there.
With that being said, I think this is a situation where we eventually try to go looking toward the 50-day EMA above, which is closer to the $65,400 level, and if we can break above that, then the $67,000 level is more likely than not going to be the next target.
If we break down from here, I see a massive amount of support at both the $62,000 level and the $60,000 level, which of course, is a large round psychologically significant figure, and has shown itself to be important more than once in the past. Because of this, I would be very interested in this area for a potential set up.
Because of this, I am bullish, but I also recognize that you need to see momentum coming back into the market. If you’re a longer term holder, then it probably doesn’t matter as much. Remember, position sizing will be everything, especially in an environment like we have right now where pretty much everything has sold off for the last couple of days.
$BTC
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The Turbo Protocol (TURBO) token has experienced a recent price downturn, dropping across various exchanges. Here's a breakdown of the key data points and their implications:
Real-Time, Multi-Exchange Price Tracking
TURBO's price is determined using a real-time, volume-weighted average formula. This approach considers data from 30 exchanges and 33 markets, aiming to provide a comprehensive picture of the token's value.
Short-Term Price Decline
Looking at recent performance, TURBO has seen a 0.90% decrease in the last hour and a steeper 10.14% decline over the past 24 hours. This short-term trend suggests a downward price movement.
Extending Downtrend: Weekly and All-Time High Comparison
The downtrend extends further when considering the weekly timeframe. TURBO's price has fallen by 10.32% in the past week, indicating a sustained price drop.
The current price of $0.0037 per TURBO sits significantly below its all-time high of $0.0098. This translates to a depreciation of 61.79%, highlighting a substantial drop from its peak valuation.
Market Cap and Circulating Supply
As of now, TURBO has a 24-hour trading volume of $67.17 million. This indicates active trading, despite the price decline. The current circulating supply of TURBO stands at 63,674,701,174.423, resulting in a total market capitalization of the same amount.
Looking Ahead: Unforeseen Trajectory
While the current data paints a picture of a price decline, the future trajectory of TURBO remains uncertain. Factors like project developments, market sentiment, and broader cryptocurrency trends can all influence its price.
Investor Considerations
This information serves as a snapshot of TURBO's current performance. Investors should conduct thorough research and consider their risk tolerance before making any investment decisions in TURBO or any other cryptocurrency.
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With the price of #Bitcoin failing to reclaim the $60K mark, the crypto space continues to record a bearish price action. Further, the Solana price has repeatedly failed to hold its value above the $140 mark for the Eighth consecutive day, highlighting a strong selling point at that level.
Following this, SOL-based altcoins have experienced a similar trend by displaying significant corrections in their respective portfolios. Moreover, top Solana-based memecoins have recorded the highest loss with some memecoins displaying a double-digit drop.
Bonk Price Fails To Break Out Of Its Important Resistance Level:
The BONK price successfully retested its crucial support trendline, following which this memecoin recorded a positive uptrend for three consecutive days by adding 35.67% during this time. However, it failed to surpass its resistance trendline, resulting in a bearish reversal.

Notably, the BONK coin price has dropped 11.03% within the past day, with a trading volume of $318.719 Million. This has further resulted in this memecoin losing its 4th place to Dogwifhat which has a market cap of $1.574 Billion. Bonk mememcoin has a market cap of $1.573 Billion.
The technical indicators, RSI and MACD have recorded a strong bearish curve in their respective chart, suggesting an increase in the negative influence within the crypto space.
If the bears continue to dominate the market, the Bonk crypto will prepare to test its crucial support level of $0.00002125. However, a bullish reversal could result in the Bonk price heading toward its resistance of $0.0000270.
$BONK
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#Ripple (XRP) Skyrockets 13% Daily to 3-Month Peak, #bitcoin (BTC) Touched $66K (Market Watch)
After XRP, the other notable gainers from the larger-cap alts include FET, AVAX, APT, and more.
Amid the ongoing positive inflows toward the spot Bitcoin ETFs, the price of the underlying asset continues to recover and tapped $66,000 for the first time in roughly a month earlier today.
The altcoins are also well in the green, with XRP leading the pack following a 13% daily surge.
BTC Stopped at $66K:
Bitcoin’s price actions went through extreme turbulence at the start of the month, culminating in a price dump to a three-month low of under $54,000 on July 5. Since then, though, the asset has managed to recover more than ten grand.
The bounce-off started almost immediately with a jump to $58,000, and the cryptocurrency stood there for several days. It wasn’t until the failed assassination attempt against US presidential candidate Donald Trump during the weekend that BTC spiked hard and reclaimed the $60,000 line.
More gains came at the start of the current business week as bitcoin jumped to $63,000 yesterday and kept climbing in the past 24 hours. Another three-grand increase resulted in tapping $66,000 for the first time since June 20.
Despite losing about $1,000 since then, bitcoin now sits at just over $65,000. Its market cap is slightly above $1.280 trillion, and its dominance over the alts stands still at 51.2% on CG.
XRP on the Run:
Ripple’s native token has emerged as today’s top performer. The asset has soared by more than 13% in the past 24 hours and now trades at a multi-month peak of its own at over $0.6. FET is the other larger-cap alt with a similar surge that has driven it to $1.5.
$XRP
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#Ripple CEO: Legal Battle with SEC Will Be Over
During a recent interview with Bloomberg, Ripple CEO Brad Garlinghouse said that he expected his company's legal battle with the SEC to end "very soon."
However, Garlinghouse refused to speak about Ripple's rumored settlement talks with the agency. He also stated that he could not predict when exactly the lawsuit would be over.
Earlier this week, the Ripple-affiliated XRP token experienced a substantial price rally due to settlement rumors. However, it then retraced its gains after a private meeting between Ripple and the agency allegedly got called off.
A little over a year ago, Judge Analisa Torres ruled that the secondary sales of the controversial token did not constitute a securities offering.
According to Galinghouse, Ripple spent more than $150 million during its three-year legal battle with the SEC. "We can't do that with every single token," he added.
The Ripple CEO has stressed that it was a formative case for the cryptocurrency industry, adding that his company will continue clamoring for regulatory clarity.
During the interview, Garlinghouse reiterated his view that crypto is not supposed to be a partisan issue in the U.S. At the same time, he has acknowledged that there is "legislative momentum" on both sides of the political spectrum.
He said that the lack of a clear cryptocurrency regulatory framework is "frustrating" in the U.S. Instead, the industry has to deal with interminable legal actions from the SEC.
$XRP
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The largest meme cryptocurrencies are outperforming the market benchmark yet again, while some lesser-known coins secure their spots in the top league. Meanwhile, Dogecoin (DOGE) replaces Toncoin (TON) as the ninth largest cryptocurrency and Pepe (PEPE) blasts past Polygon (MATIC).
Bonk (BONK) is another top gainer in the meme coin sphere with its 10.4% overnight upsurge. Its cap is back above $2.18 billion; the token is close to surpassing Optimism (OP) and Sui (SUI) and entering the top 50 cryptos by market cap. The largest meme coins, however, are sending mixed signals to investors despite being in green. Some of them, including Shiba Inu (SHIB), Dogwifhat (WIF) and Book of Meme (BOME), are underperforming compared to the market benchmark.
The net capitalization of the crypto segment added 3.7% in the last 24 hours, while SHIB, WIF, BOME are up by 0.5-2.5% each.
Solana, Base meme coins outperform crypto market:
In total, the segment of meme coins added 5% overnight. However, some of its most volatile subclasses are posting more impressive gains. Thanks to POPCAT, MEW and MOG rallying, the cat-themed meme coin group is up by 15%. Solana's meme coin sphere is up by 10%. Thanks to the positive performance of Based Brett (BRETT), the Base meme coin group logged 7.8% and also outperformed the market significantly. Bitcoin (BTC), the largest cryptocurrency, is up by 2.6%; the orange coin is changing hands at $66,467 after touching the local high over $67,400.
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As the bull run in Bitcoin regains momentum after the successful retest of the $65,000 mark, a fresh breeze of relief starts in the market. Amidst this recovery, the PEPE meme coin shows a potential price jump despite the ongoing correcction phase.
As the anticipation of a bounce back grows intense amognst the sideliners, the meme coin offers a discounted entry spot. Will the PEPE price reach $0.000015 this month? Find out more in our PEPE price prediction.
PEPE Price Performance
With a market wide slowdown, the meme coins like PEPE showcase a declining price trend. Despite the massive bull run earlier in March, the second half leads to quick fall in the bullish momentum.
The PEPE price drops by 33% to test the support zone at $0.0000063 from the peak of $0.000010. With the sharp increase in the selling pressure, the price action forms a descending trendline.With the previous bull run in consideration, the pullback forms a bullish flag, known for a trend continuation theme. Further, the bounce back in Bitcoin and the upcoming Bitcoin halving cements the altcoin season possibility.
Currently, the PEPE token trades at a price of $0.0000067 with an intraday candle teasing a Doji formation. In the shorter-term, the meme coin hints at a morning star formation, known for igniting a bullish comeback.
Technical Indicators:
EMA: With an overall bullish trend, the 200 and 50-day EMA maintain a positive alignment. Currently, the 50D EMA provides dynamic support to the pullback, teasing a bounce back.
RSI: The daily RSI line declines below the halfway line, with the 14-day SMA providing dynamic resistance. Will The PEPE Token Give Flag Breakout?
With multiple bullish catalysts, the chances of reversal are strong for the frog-themed meme coin. Therefore, the PEPE price could surpass the overhead resistance trendline for a sprint to the $0.000015 mark. However, the buyers must overcome the supply at the psychological mark of $0.000010.
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The now-rebranded Fetch.AI (FET) regained the $1.4 price range amid the market recovery and is currently testing the $1.5 resistance level. Over the weekend, the AI token saw a nearly 40% recovery and seems to be preparing for a breakout.

Market watchers have predicted short and long-term targets for the token after the Artificial Superintelligence Alliance (ASI) token merger.

FET Drops 23% Amid Market Retrace:

This month, the Artificial Superintelligence Alliance kicked off phase 1 of the ASI token merger process. The process began with rebranding Fetch.AI’s name and logo to the Alliance’s. Additionally, FET updated its supply and market capitalization but momentarily kept its ticker.Phase 1 began with delisting Ocean Protocol (OCEAN) and SingularityNET (AGIX) from crypto trading platforms. However, several exchanges, including Coinbase, announced they would not support the migration process.

Following the rebrand, FET’s price dropped by nearly 10% despite flipping other AI tokens like Render (RNDR) and becoming the 27th largest cryptocurrency by market capitalization.

At the time, the token lost the $1.4 support zone and fell to the $1.2 price range before reclaiming the $1.3 mark. The broader market retrace dragged FET’s price below $1.1, a level not seen since late February. This performance represented a 26% decline from its Q3 opening price of $1.45.

ASI Token Merger Update Next Week:

As the market recovered from the July retrace, FET surged 38.7% over the weekend. The AI token rose from the $1.11 price level and reclaimed the $1.4 support zone on Monday. Some market watchers highlighted FET’s steady recovery, suggesting that the token maintained a bullish pattern and seemed poised to make a 3X performance.

On Thursday, World of Charts pointed out FET’s recent price action. To the analyst, the token is breaking out of a falling wedge pattern and expects a “massive bullish wave” towards $5 in the following days.
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