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MATIC is in the accumulation phase, bouncing off the demand area at 0.696-0.675. Watch for a breakout of the 0.770 resistance. If successful, look for targets at 0.911 and beyond. Strong support at 0.650 and 0.631. Failure at these support levels could trigger a bearish move. 🚀🔍
On the 1D chart, Reef has corrected ~60% since April. We're seeing bullish signals, including resistance breakouts, support on previous resistance, and a distinct flag pattern. Key price targets: 0.003703 (200%) and 0.007278 (219%).
📅 Events for Tomorrow 2024/06/05 - ARKM | New York Meetup, USA 2024/06/05 - DEP | Service Enhancement Update 2024/06/05 - SHIBDOGE | Announcement 2024/06/05 - KCS | API Upgrade 2024/06/05 - CAKE | Rewards Distribution 2024/06/05 - KLIMA | Community Call 2024/06/05 - ROCO | End of Token Lock Periods 2024/06/05 - TRADE | JRNE Creator’s Box Drop 2024/06/05 - HBAR | Testnet Upgrade 2024/06/05 - ASTR | Live Stream on YouTube 2024/06/05 - BPRIVA | AMA on Telegram 2024/06/05 - | Listing on MEXC 2024/06/05 - RLC | Confidential Computing Summit in San Francisco, USA 2024/06/05 - AGIX | SuperAI in Singapore 2024/06/05 - SUIP | SuperAI in Singapore 2024/06/05 - GHX | SuperAI Conference in Singapore 2024/06/05 - SNSY | SuperAI in Singapore 2024/06/05 - REZ | Listing on Bitkub 2024/06/05 - DMR | Listing on Bitget 2024/06/05 - SQT | Community Call 2024/06/05 - ONT | AMA on X 2024/06/05 - FALX | Listing on MEXC 2024/06/05 - PART | AMA on X 2024/06/05 - | Listing on KuCoin 2024/06/05 - SOLV | AMA on X 2024/06/05 - TKD | Listing on MEXC 2024/06/05 - IRON | San Francisco Meetup, USA 2024/06/05 - KNINE | AMA on X $BTC $ETH $BNB
😀The week started with a confident rise in BTC dominance and a correction in ETH.
We've become accustomed to relatively low volatility in BTC and ETH, and some might think that yesterday's drop in ETH has deep fundamental causes, but it's more likely a rebalancing of positions by large players.
There was an excellent inflow of $100 million into BTC ETFs on Monday, mainly from Fidelity (FBTC), rather than a broad market movement. So, this volume of inflow should not be seen as an unqualified positive sign.
NOT dropped by 30% from its peak, and now the price is fluctuating around Fibonacci levels. The market maker is at work. I closed my short on NOT around $0.021 with a decent profit. However, my pessimistic prediction of a 50% drop from the peak has not yet come true. I'm no longer confident in this prediction, so I closed my short and continue to monitor the token without a position.😀,
I missed the excellent growth in FLOKI due to the project's imminent launch of a trading bot and investments in them from DWF.
😀News At 17:00, I expect significant market volatility due to the release of the US JOLTs job openings report. Additionally, the data will provide insights into the most important report of the week: Nonfarm Payroll on Friday.
After the approval of the ETH ETF, $3 billion worth of ETH was withdrawn from exchanges - a good sign for the market.
😀Base Scenario Today's report at 17:00 will determine the price dynamics for the day. I do not expect significant declines in the market. The Funding Rate indicates a small number of leveraged long positions, so downward squeezes are unlikely.
There is a slight probabilistic advantage in favor of purchases.
😀What to Long Today NEAR and RSS3 were quite disappointing. ONT, LINK, and JUP look promising.
😀Holding long positions in COMP and SUSHI. Added to the SUSHI position.
😀Today's idea: long ONT
😀Move to break-even at $0.3035 😀Stop: $0.2810 😀Take profit: $0.3159 $ONT $BTC $ETH
Chart keeps looking good. With price at key major support and forming a new bullish trend, @Polkadot is leading among major blockchains in advancing AI and gaming. It ensures secure data transfers, decentralized processing for AI, and seamless asset integration in gaming, with enhanced security and governance.
Let's continue the day with a local review on #BTC 🪙
Not so long ago, namely on the 28th of May, I shared with you my view on the global perspective of the asset movement. Today we will look at the local situation, which I think gives me great hopes for continued growth.
👁 Let's take a look at the 4h chart of the asset. On it we can immediately see that the price movement has been in the "Rectangular Triangle" technical pattern for quite a long time. At the moment, there has been a breakdown of its upper boundary, which in turn is the strongest, bullish signal. If the asset manages to consolidate above this level, the growth will continue.
The main local target ✅is the breakdown of the resistance zone at 72823-71295$ - it is the most difficult to break through, as it separates the price from the All-time-high (73800$) update. $BTC #DYOR #NFA
#STXUSDT is navigating through a falling wedge and moving above the important support and demand areas of $1.750-$1.900
We anticipate this key support level to hold firm, setting the stage for a bullish reversal that could propel the asset toward upper resistance.
However, if #Stacks falters and breaches below the $1.750 support, it may signal an extension of the bearish trend, steering the asset toward the next significant demand zone at $1.6. This level is known for its vigorous liquidity and history of prompting notable upward trends. $STX
Dogwifhat price today is $ 3.29 with a 24-hour trading volume of $ 907.22M, market cap of $ 3.28B, and market dominance of 0.13%. The WIF price decreased -4.78% in the last 24 hours.
Dogwifhat reached its highest price on Mar 31, 2024 when it was trading at its all-time high of $ 4.80, while Dogwifhat's lowest price was recorded on Dec 13, 2023 when it was trading at its all-time low of $ 0.004131. The lowest price since it's ATH was $ 1.98225 (cycle low). $WIF #DYOR #NFA
#stx/usdt is breaking out of a falling wedge pattern🧐
If the breakout is successful, the target is around $3🎯 Stacks price today is $ 1.981058 with a 24-hour trading volume of $ 177.99M, market cap of $ 2.90B, and market dominance of 0.11%. The STX price increased 2.71% in the last 24 hours.
Stacks reached its highest price on Apr 1, 2024 when it was trading at its all-time high of $ 3.83, while Stacks's lowest price was recorded on Mar 13, 2020 when it was trading at its all-time low of $ 0.044267. The lowest price since it's ATH was $ 1.81097 (cycle low). The highest STX price since the last cycle low was $ 2.01 (cycle high). The Stacks price prediction sentiment is currently bullish, while Fear & Greed Index is showing 73 (Greed). $STX #DYOR #NFA
#Fantom price has maintained the support level of $0.7700-$0.8200 . After reaching the uptrend line, it went wave 1, and now it has completed the correction of that .
After consolidating in a range and correcting , the price can start wave 2 and reach the target of $1.0300 from these areas now.
Considering the strong potential of this project , both technically and fundamentally, very good prices can be predicted for it. the technical indicators have also shown a strong bullish divergence .🚀 $FTM #DYOR #NFA
ADA is trading in a range, and we’re currently in the NO TRADE ZONE. Now’s the time to get strategic! Place your buy orders in the support zone to grab ADA at the bottom, then accumulate for the mid-term and hold tight. A big rally is on the horizon, so get ready for a powerful surge. Don’t miss out – ADA is poised to soar.🚀
155% potential upside can be seen in upcoming days
Use your analysis before taking a long position.
Sleepless AI price today is $ 1.189049 with a 24-hour trading volume of $ 15.08M, market cap of $ 203.40M, and market dominance of 0.01%. The AI price decreased -1.27% in the last 24 hours. $AI #DYOR #NFA
#XRP We are still on support and the best place to buy
XRP price today is $ 0.523048 with a 24-hour trading volume of $ 1.29B, market cap of $ 28.99B, and market dominance of 1.13%. The XRP price increased 0.62% in the last 24 hours.
XRP reached its highest price on Jan 4, 2018 when it was trading at its all-time high of $ 3.92, while XRP's lowest price was recorded on Jul 7, 2014 when it was trading at its all-time low of $ 0.002802. The lowest price since it's ATH was $ 0.113268 (cycle low). $XRP #DYOR #NFA
The coin looks very juicy, it looks like they're preparing us for a pump on the(34.378$).
Ethereum Classic price today is $ 28.51 with a 24-hour trading volume of $ 442.44M, market cap of $ 4.20B, and market dominance of 0.16%. The ETC price decreased -2.12% in the last 24 hours $ETC #DYOR #NFA
Chainlink had made a small fakeout, attempting to breakout from local resistance zone.
While price is now back below that zone, it is not yet secured, so we are waiting for further confirmation here (in the form of re-test). $LINK #DYOR #NFA