Get ready for the next big moves in the crypto market! 🚀💥 Analyst Michael van de Poppe has singled out five altcoins that could skyrocket following the Bitcoin halving. Keep an eye on:

- Chainlink (LINK)
- Arbitrum (ARB)
- Skale Network (SKL)
- Covalent (CQT)
- SEI Network (SEI)

With their innovative solutions and the growing interest in DeFi and decentralized applications, these altcoins have the potential for significant gains. Plus, van de Poppe predicts Bitcoin could hit $80,000 by year's end, which bodes well for the altcoin market. Don't miss out! #cryptopicks

Given that the current price of ENA (Ethena) cryptocurrency is around $1.01 and the recent high is $1.14, we can recalculate support and resistance levels based on this data.

Updated technical levels:
Major resistance: $1.14
This is the recent local high and represents a critical point that ENA needs to break to confirm a continued bullish trend.

Secondary resistance: $1.08
Around the area of ​​the intermediate highs, this could act as a minor obstacle before the main resistance is reached.

First support: $0.98
It is the area where the price reacted previously, indicating a potential base for stabilization.

Secondary Support: $0.95
This level coincides with recent lows and could provide an entry point for long-term investors.

Major support: $0.91
If the market becomes more volatile or bearish, this level is critical to prevent a further decline.

Technical background:
RSI: It is near 70, indicating the possibility of a slight correction.
Volume: Increasing volume around the $1.00 level suggests high interest in this area.
General Trend: We are in a consolidation pattern between $0.95 and $1.14.
This data can help you post a detailed and useful analysis on the Binance Feed community. If you want, I can also suggest an explanatory graphic to make the post more attractive.
#ethena #ENA #cryptopicks #analysis 6938240887#newlisting$ENA

Altcoins to Watch in 2024 🚀🔥
The crypto market is buzzing, and while $BTC and $ETH dominate the headlines, altcoins are quietly gearing up for massive moves. Here are my top altcoin picks for 2024:

1️⃣ $SOL (Solana): With lightning-fast transactions and growing NFT activity, Solana is proving to be a serious contender in the blockchain space.
2️⃣ $XRP (RIPPLE): Institutional Interest: Banks and financial institutions are increasingly adopting Ripple’s blockchain for cross-border payments.
3️⃣ $DOGE (Dogecoin): With Elon Musk teasing potential integrations into X, Dogecoin could find utility beyond its meme origins.
4️⃣ $ADA (Cardano): The recent Hydra upgrade is making Cardano more scalable and ready for mass adoption.
5️⃣ $SHIB (Shiba Inu): Shibarium’s Layer-2 solution is seeing growing adoption, signaling a serious push beyond being a meme token.
6️⃣ $AVAX (Avalanche): Avalanche is becoming the go-to blockchain for enterprises thanks to its fast, low-cost transactions.
7️⃣ $DOT (Polkadot): Polkadot is revolutionizing blockchain interoperability with its parachains, allowing seamless communication between blockchains. With growing partnerships and staking rewards, $DOT remains a top pick for long-term investors.
8️⃣ $PEPE (PEPE COIN): The meme coin sensation is powered by a strong community and speculative potential. While utility is still developing, $PEPE could surprise us during bullish runs. Will it become the next SHIB

💡 Pro Tip: Look out for coins with strong development teams and real-world use cases.

Which altcoins are on your radar? Drop your top picks below!

#Altcoins #CryptoPicks #BinanceSquare #XRP