Priceanalysis
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💵Shiba Inu price analysis
📉 Shiba Inu (SHIB) Struggles Below $0.000017
Shiba Inu (SHIB) plunged below the 78.6% Fibonacci retracement level of $0.000017 on June 24, firmly placing bears in control.
🐻 Bearish Momentum
Despite an attempted recovery on June 25, bullish momentum remains weak. Bears are poised to push the price below $0.000017 again. A successful breach could lead SHIB/USDT to decline towards $0.000014 and potentially $0.000010.
📈 Potential Recovery
For buyers to regain control, they must quickly propel the price back above the breakdown level of $0.000020. This move could pave the way for a rally towards the 50-day SMA ($0.000023).
#Priceanalysis
📉 Shiba Inu (SHIB) Struggles Below $0.000017
Shiba Inu (SHIB) plunged below the 78.6% Fibonacci retracement level of $0.000017 on June 24, firmly placing bears in control.
🐻 Bearish Momentum
Despite an attempted recovery on June 25, bullish momentum remains weak. Bears are poised to push the price below $0.000017 again. A successful breach could lead SHIB/USDT to decline towards $0.000014 and potentially $0.000010.
📈 Potential Recovery
For buyers to regain control, they must quickly propel the price back above the breakdown level of $0.000020. This move could pave the way for a rally towards the 50-day SMA ($0.000023).
#Priceanalysis
🚀Cardano price analysis
🔍 Cardano (ADA) Trading Dynamics
Cardano (ADA) has been trading below the breakdown level of $0.40 since June 18, with bulls successfully defending the $0.35 support. This indicates a sideways trading pattern between $0.35 and $0.40.
📉 Bearish Indicators
The 20-day EMA ($0.40) is sloping downwards, and the RSI remains in negative territory, giving bears a slight edge. A rejection at $0.40 could keep the ADA/USDT pair range-bound.
📉 Potential Downtrend
A drop below $0.35 would signal a potential downtrend continuation, potentially leading the pair towards $0.28.
📈 Bullish Scenario
Conversely, a rally above $0.40 would suggest rejection of the breakdown, targeting the 50-day SMA ($0.43) and potentially aiming for $0.50.
#Priceanalysis
🔍 Cardano (ADA) Trading Dynamics
Cardano (ADA) has been trading below the breakdown level of $0.40 since June 18, with bulls successfully defending the $0.35 support. This indicates a sideways trading pattern between $0.35 and $0.40.
📉 Bearish Indicators
The 20-day EMA ($0.40) is sloping downwards, and the RSI remains in negative territory, giving bears a slight edge. A rejection at $0.40 could keep the ADA/USDT pair range-bound.
📉 Potential Downtrend
A drop below $0.35 would signal a potential downtrend continuation, potentially leading the pair towards $0.28.
📈 Bullish Scenario
Conversely, a rally above $0.40 would suggest rejection of the breakdown, targeting the 50-day SMA ($0.43) and potentially aiming for $0.50.
#Priceanalysis
🚀Avalanche price analysis
📉 Avalanche (AVAX) Faces Downtrend
Avalanche (AVAX) resumed its downtrend after breaking below the strong support at $29 on June 17.
🐻 Bearish Indicators
Downward sloping moving averages and an RSI near oversold territory indicate bears are currently dominant. Bulls are attempting a relief rally, likely encountering resistance at the 20-day EMA ($28.76). If the price reverses from this level, bears may target a drop towards $20.
📈 Potential Reversal
This bearish outlook could change if bulls manage to push the price above $29. A move above this level could see AVAX/USDT rise towards $33, signaling rejection of the breakdown below $29.
#Priceanalysis
📉 Avalanche (AVAX) Faces Downtrend
Avalanche (AVAX) resumed its downtrend after breaking below the strong support at $29 on June 17.
🐻 Bearish Indicators
Downward sloping moving averages and an RSI near oversold territory indicate bears are currently dominant. Bulls are attempting a relief rally, likely encountering resistance at the 20-day EMA ($28.76). If the price reverses from this level, bears may target a drop towards $20.
📈 Potential Reversal
This bearish outlook could change if bulls manage to push the price above $29. A move above this level could see AVAX/USDT rise towards $33, signaling rejection of the breakdown below $29.
#Priceanalysis
U.S. PPI MoM: -0.1% (Est. 0.3%)
U.S. Core PPI MoM: 0% (Est. 0.4%)
US PPI for February just came in at +4.6% YoY below expectations of +5.4% YoY
US PPI for February just came in at -0.1% MoM below expectations of +0.3% MoM
#Priceanalysis #US #inflation #financialmarkets
U.S. Core PPI MoM: 0% (Est. 0.4%)
US PPI for February just came in at +4.6% YoY below expectations of +5.4% YoY
US PPI for February just came in at -0.1% MoM below expectations of +0.3% MoM
#Priceanalysis #US #inflation #financialmarkets
"Will Bitcoin prices fall more as FED Chair Powell issues a warn"
After a bearish three-drives reversal pattern, BTC has recently fallen below the neckline, indicating a significantly bearish signal for the short-term outlook. In the daily chart, a potentially deadly rounded top pattern is forming. BTC is currently approaching a significant #support level of $21,000.
#bitcoin prices are currently experiencing their third consecutive week of losses, causing BTC/USD to fall below the $22,000 mark. This decline was further exacerbated by the recent comments made by Fed Chair Jerome Powell, who hinted at the possibility of continued interest rate hikes in the near future. As a result, BTC/USD broke through its previous resistance levels, plummeting to a low of $21,600.
Bitcoin's price has broken through the key $22,000 support level. Bitcoin is exhibiting bearish signals and may fall further in the near term to $20,500 or even $20,000. Bitcoin's price failed to break through the $22,250 barrier zone. BTC bears were aggressive, pushing the price below the $22,000 support level.
The recent market downturn has resulted in significant losses, causing the price of Bitcoin to plummet below $21,800. As a result, a new monthly low of approximately $21,600 has been established, and the price is currently consolidating its losses. At present, BTC is trading below $22,000 and the 21-hourly simple moving average.
According to #Priceanalysis , Bitcoin is facing a crucial challenge in breaking through the $22,000 barrier and trend line. If it fails to do so, it may experience a decline once again. In the event of a decline, there is immediate support available at the $21,500 level. If the price continues to fall, the next significant support level is at $21,200, and if it drops even further, it may reach the $21,000 mark. The next big support level is at $20,500, and any further losses may push the price up to the $20,000 mark.
At the $21,800 mark, BTC experienced a strong #resistance level. However, the next significant barrier level is just around the corner at $22,000. In the hourly chart of the BTC/USD pair, we can see a large negative trend line forming with resistance near $22,050. The primary resistance level is currently at $22,250. If we see a closing over this level, it could signal the start of a solid climb towards the $22,600 resistance zone. Beyond that, the next major resistance level is at $23,000, which could potentially create upward momentum for the price.
KEY LEVELS :
RESISTANCE LEVEL : $22,100-$22,600
SUPPORT LEVEL : $21,350-$21,000
#coingabbar
#bitcoin prices are currently experiencing their third consecutive week of losses, causing BTC/USD to fall below the $22,000 mark. This decline was further exacerbated by the recent comments made by Fed Chair Jerome Powell, who hinted at the possibility of continued interest rate hikes in the near future. As a result, BTC/USD broke through its previous resistance levels, plummeting to a low of $21,600.
Bitcoin's price has broken through the key $22,000 support level. Bitcoin is exhibiting bearish signals and may fall further in the near term to $20,500 or even $20,000. Bitcoin's price failed to break through the $22,250 barrier zone. BTC bears were aggressive, pushing the price below the $22,000 support level.
The recent market downturn has resulted in significant losses, causing the price of Bitcoin to plummet below $21,800. As a result, a new monthly low of approximately $21,600 has been established, and the price is currently consolidating its losses. At present, BTC is trading below $22,000 and the 21-hourly simple moving average.
According to #Priceanalysis , Bitcoin is facing a crucial challenge in breaking through the $22,000 barrier and trend line. If it fails to do so, it may experience a decline once again. In the event of a decline, there is immediate support available at the $21,500 level. If the price continues to fall, the next significant support level is at $21,200, and if it drops even further, it may reach the $21,000 mark. The next big support level is at $20,500, and any further losses may push the price up to the $20,000 mark.
At the $21,800 mark, BTC experienced a strong #resistance level. However, the next significant barrier level is just around the corner at $22,000. In the hourly chart of the BTC/USD pair, we can see a large negative trend line forming with resistance near $22,050. The primary resistance level is currently at $22,250. If we see a closing over this level, it could signal the start of a solid climb towards the $22,600 resistance zone. Beyond that, the next major resistance level is at $23,000, which could potentially create upward momentum for the price.
KEY LEVELS :
RESISTANCE LEVEL : $22,100-$22,600
SUPPORT LEVEL : $21,350-$21,000
#coingabbar
"LTC Experience a 16% Dump in a Week? Is More to Come?"
On the daily chart, the LTC/USD pair has formed a Three Black Crows pattern. The LTC is currently exhibiting a Rounded Top pattern on its daily chart.
The analysis of #Litecoin price over the past day and four hours indicates a downward trend in the market. The price has decreased significantly and is currently hovering around the $83.00 mark.
Litecoin, similar to Bitcoin, is currently trading below $92 against the US dollar. However, if the price of LTC fails to surpass the $82 barrier level, it may experience a further decline.
In recent #trading sessions, Bitcoin, Ethereum, Ripple, and Litecoin have all experienced a decline against the US dollar. Specifically, Litecoin (LTC) reached a peak of $98.34 before beginning a downward trend. The price has since fallen below key support levels of $95 and $92, and has even dipped below the $90 support level. As of now, the price has hit a low of $81.31 and is currently consolidating losses. Presently, it is trading below $85 and the 50-hour simple moving average.
According to #Priceanalysis , The current price is encountering a barrier around the $85.00 mark, which could potentially prevent further decline. Additionally, a significant bearish trend line is forming with resistance near $85 on the 4-hour chart, indicating a possible reversal in the near future. Looking ahead, the next major obstacle for the pair is the $89 level. However, the primary resistance level to watch out for is at $92. If the price manages to break through this level, it could potentially surge towards $98 or even $100. It's worth noting that the next significant resistance level after $100 could be at $104.
If LTC fails to break through the $85 resistance, Then there is an immediate #support level near $82. Additionally, the next key support level is located near $80. However, if the price were to break below this support level, it could lead to a rapid decline towards the $75 level in the near future. In the event that LTC breaches the $75 level, it's highly likely that we could see a further drop towards the $72-$70 range.
KEY LEVELS :
RESISTANCE LEVEL : $86.00-$90.00
SUPPORT LEVEL : $80.00-$75.00
#coingabbar
The analysis of #Litecoin price over the past day and four hours indicates a downward trend in the market. The price has decreased significantly and is currently hovering around the $83.00 mark.
Litecoin, similar to Bitcoin, is currently trading below $92 against the US dollar. However, if the price of LTC fails to surpass the $82 barrier level, it may experience a further decline.
In recent #trading sessions, Bitcoin, Ethereum, Ripple, and Litecoin have all experienced a decline against the US dollar. Specifically, Litecoin (LTC) reached a peak of $98.34 before beginning a downward trend. The price has since fallen below key support levels of $95 and $92, and has even dipped below the $90 support level. As of now, the price has hit a low of $81.31 and is currently consolidating losses. Presently, it is trading below $85 and the 50-hour simple moving average.
According to #Priceanalysis , The current price is encountering a barrier around the $85.00 mark, which could potentially prevent further decline. Additionally, a significant bearish trend line is forming with resistance near $85 on the 4-hour chart, indicating a possible reversal in the near future. Looking ahead, the next major obstacle for the pair is the $89 level. However, the primary resistance level to watch out for is at $92. If the price manages to break through this level, it could potentially surge towards $98 or even $100. It's worth noting that the next significant resistance level after $100 could be at $104.
If LTC fails to break through the $85 resistance, Then there is an immediate #support level near $82. Additionally, the next key support level is located near $80. However, if the price were to break below this support level, it could lead to a rapid decline towards the $75 level in the near future. In the event that LTC breaches the $75 level, it's highly likely that we could see a further drop towards the $72-$70 range.
KEY LEVELS :
RESISTANCE LEVEL : $86.00-$90.00
SUPPORT LEVEL : $80.00-$75.00
#coingabbar
The Importance of Price Action in Trading Charts
Price action is considered the "king" in chart making because it provides traders with the most relevant and up-to-date information about market movements. Price action is simply the movement of an asset's price over time, and it is reflected in the price chart.
Price action reflects the supply and demand dynamics of the market, as well as the sentiments and emotions of traders. Traders who use price action analysis can interpret market movements and patterns to identify potential trading opportunities and make informed trading decisions.
Some benefits of price action analysis include:
Real-time information: Price action provides traders with the most up-to-date information about market movements. Unlike lagging indicators, which rely on past price movements, price action is a current reflection of market sentiment.
Simplicity: Price action analysis is relatively simple compared to other forms of technical analysis, as it focuses solely on the price chart and does not require complex calculations or formulas.
Flexibility: Price action analysis can be used in any market, on any time frame, and with any asset. Traders can use the same principles of price action analysis to trade stocks, forex, commodities, and more.
Reliability: Price action analysis can be a reliable indicator of market movements, as it reflects the true sentiment of traders in the market.
Overall, price action analysis is considered the "king" in chart making because it provides traders with real-time, relevant information about market movements, which can be used to make informed trading decisions.
#Priceanalysis #Binance #originalcontent #dyor
Price action reflects the supply and demand dynamics of the market, as well as the sentiments and emotions of traders. Traders who use price action analysis can interpret market movements and patterns to identify potential trading opportunities and make informed trading decisions.
Some benefits of price action analysis include:
Real-time information: Price action provides traders with the most up-to-date information about market movements. Unlike lagging indicators, which rely on past price movements, price action is a current reflection of market sentiment.
Simplicity: Price action analysis is relatively simple compared to other forms of technical analysis, as it focuses solely on the price chart and does not require complex calculations or formulas.
Flexibility: Price action analysis can be used in any market, on any time frame, and with any asset. Traders can use the same principles of price action analysis to trade stocks, forex, commodities, and more.
Reliability: Price action analysis can be a reliable indicator of market movements, as it reflects the true sentiment of traders in the market.
Overall, price action analysis is considered the "king" in chart making because it provides traders with real-time, relevant information about market movements, which can be used to make informed trading decisions.
#Priceanalysis #Binance #originalcontent #dyor
Should You Buy the Bitcoin Dip? Analyst Forecasts Market Peak Soon
In the whirlwind of Bitcoin’s market ups and downs, one voice stands out, urging action: it’s time to buy. Analyst Rekt Capital recently shed light on the patterns shaping Bitcoin’s cycles.
But wait. Let’s back up a little. Why the bullish prediction? Is this the right move for your portfolio? Only one way to find out. Dive in!
Understanding the Patterns
Getting to the heart of the matter, Rekt Capital asks the question on everyone’s mind: when will the Bitcoin bull market peak, and how long will it last? Drawing from historical data, Rekt Capital predicts a peak around 518 to 546 days after the halving event, suggesting we could see it around mid-September or mid-October.
This timeline syncs with the traditional rhythm of Bitcoin’s market cycles, guided by halving events. Following this beat, Rekt Capital advises buying after a 20% drop and before the rebound. With the dip now exceeding 20%, the opportunity to buy Bitcoin strengthens, with losses expected to stabilize around 24%.
Chances of Speeding Up?
However, another perspective to consider is the possibility of an accelerated cycle. This theory suggests that market cycles may be shortening due to increased adoption, institutional interest, and other factors. If this accelerated cycle hypothesis holds, the bull market peak could arrive sooner than expected.
Rekt Capital suggests using prior all-time highs to predict the peak. They highlight that Bitcoin’s bull market top occurs 266-315 days after reaching all-time highs. This method provides a new perspective on Bitcoin’s trajectory, especially given its current rapid cycle.
In addition, Rekt Capital examines Bitcoin’s history after breaking old highs, showing a trend of spending longer before the bull market tops. These findings extend the peak range to 280-350 days beyond old all-time highs.
#BTC #Priceanalysis
$BTC
@CZ
In the whirlwind of Bitcoin’s market ups and downs, one voice stands out, urging action: it’s time to buy. Analyst Rekt Capital recently shed light on the patterns shaping Bitcoin’s cycles.
But wait. Let’s back up a little. Why the bullish prediction? Is this the right move for your portfolio? Only one way to find out. Dive in!
Understanding the Patterns
Getting to the heart of the matter, Rekt Capital asks the question on everyone’s mind: when will the Bitcoin bull market peak, and how long will it last? Drawing from historical data, Rekt Capital predicts a peak around 518 to 546 days after the halving event, suggesting we could see it around mid-September or mid-October.
This timeline syncs with the traditional rhythm of Bitcoin’s market cycles, guided by halving events. Following this beat, Rekt Capital advises buying after a 20% drop and before the rebound. With the dip now exceeding 20%, the opportunity to buy Bitcoin strengthens, with losses expected to stabilize around 24%.
Chances of Speeding Up?
However, another perspective to consider is the possibility of an accelerated cycle. This theory suggests that market cycles may be shortening due to increased adoption, institutional interest, and other factors. If this accelerated cycle hypothesis holds, the bull market peak could arrive sooner than expected.
Rekt Capital suggests using prior all-time highs to predict the peak. They highlight that Bitcoin’s bull market top occurs 266-315 days after reaching all-time highs. This method provides a new perspective on Bitcoin’s trajectory, especially given its current rapid cycle.
In addition, Rekt Capital examines Bitcoin’s history after breaking old highs, showing a trend of spending longer before the bull market tops. These findings extend the peak range to 280-350 days beyond old all-time highs.
#BTC #Priceanalysis
$BTC
@CZ
#ARB Price To Hit $2 Soon?
After displaying significant price volatility for over a week, the $ARB price has regained momentum and successfully broke out of its key resistance level of $1.4594. Further, top altcoins have gained massive price action recently, indicating a switch of trend.
The Arbitrum price traded in a narrow space between $0.904 and $1.0380 for over a week, following which the market gained momentum and the price broke out of the range. However, the rally was short-lived as the coin faced rejection at $1.1133.
The technical indicator, MACD, displays a rising histogram, indicating an increasing buying pressure in the market. Further, the averages show a bullish convergence, suggesting the price will continue gaining value in the coming time.
Will ARB Price Continue Rising?
If the bulls hold the price above the support level of $1.567, the ARB price will regain momentum and prepare to test its resistance level of $1.6743. Further, if the market holds the price at that level, it will prepare to test its upper resistance level of $1.75 in the coming days.
Negatively, if the bears overpowered the bulls, the Arbitrum price would lose momentum and fall to test its support level of $1.4594. Moreover, if the bears continue to dominate the market, it will plunge and test its lower support level of $1.3753.
#Priceanalysis
After displaying significant price volatility for over a week, the $ARB price has regained momentum and successfully broke out of its key resistance level of $1.4594. Further, top altcoins have gained massive price action recently, indicating a switch of trend.
The Arbitrum price traded in a narrow space between $0.904 and $1.0380 for over a week, following which the market gained momentum and the price broke out of the range. However, the rally was short-lived as the coin faced rejection at $1.1133.
The technical indicator, MACD, displays a rising histogram, indicating an increasing buying pressure in the market. Further, the averages show a bullish convergence, suggesting the price will continue gaining value in the coming time.
Will ARB Price Continue Rising?
If the bulls hold the price above the support level of $1.567, the ARB price will regain momentum and prepare to test its resistance level of $1.6743. Further, if the market holds the price at that level, it will prepare to test its upper resistance level of $1.75 in the coming days.
Negatively, if the bears overpowered the bulls, the Arbitrum price would lose momentum and fall to test its support level of $1.4594. Moreover, if the bears continue to dominate the market, it will plunge and test its lower support level of $1.3753.
#Priceanalysis
Why Is Bonk Price Up 10% Today, Set To Hit $1 In The Next Bull Run?
Bonk price backs a new uptrend after bouncing from support at $0.00001. If the uptrend continues, it could lay the framework for a lofty but not impossible rally to $1.The crypto market flushed green again on Friday, with Bitcoin price ticking above $41,000. Altcoins recovered subsequently with some like Bonk gaining in double-digits to $0.00001187. Further increases are expected going forward while not ruling out the possibility of consolidation before a major breakout.Navigating Bonk Price Sudden Bounce BackBonk price stepped up after consistently falling from its 2023 peak of $0.000035. However, after the token bounced off support in the green band on the four-hour chart early this month, traders were significantly convinced that a larger rebound was in the cards.An initial bounce back on January 8 fizzled out under $0.000018, leaving investors disappointed. On top of the profit taking following the Q4 rally to $0.000035 which was backed by BONK’s listing on two major exchanges Binance and Coinbase, the uncertain outlook of the crypto market since late December contributed to the sell-off.Bonk price dropped again to test the same green support band around $0.00001 this week before easing into the ongoing rebound.Should bulls wish to keep the uptrend intact, they will have to double down on their efforts, avoiding the desire to sell at the earliest sign of profit.The meme coin built on the Solana blockchain holds above two key levels, the 20 Exponential Moving Average (EMA) (in blue) at $0.000011199 and the 50 EMA (in red) at $0.0000115.Several four-hour candlestick closes above the moving average could further steady the uptrend for the subsequent climb above the 200 EMA (in purple) at $0.00001266.Bonk price chart | Trading ViewThe Relative Strength Index (RSI) hints at a potential upswing, suggesting a price climb above the yellow resistance band near $0.000015.This supports the idea of a bullish run. But hold your horses – the RSI at 61, while moving up, doesn’t guarantee smooth sailing. The overall market’s shaky footing means caution is still key.While Bonk’s future is uncertain, its explosive rally last year can’t be ignored. With the Bitcoin halving approaching, a potential bull run is on the minds of many investors. If that happens, Bonk could indeed soar alongside other altcoins, even aiming for a lofty (but not impossible) target of $1.#Priceanalysis #Osmy_CryptoT #dyor #Write2Earn
🐋 Ethereum Whale Stakes 20.5K ETH Amid Price Recovery, What’s Next? 📈
📈 In a captivating turn of events amidst global turmoil, the crypto market rebounded today, catching the attention of investors worldwide. An Ethereum whale's substantial staking on Beacon Chain has added to this optimism.
🐋 An unknown whale withdrew 1,214 ETH from Binance, boosting their holdings to 20,545 ETH staked on Beacon Chain. This move reflects confidence in Ethereum's long-term value, coinciding with ETH's price recovery.
💹 Ethereum surged 4.71% in 24 hours, now trading at $3,109.50 with a 4.68% increase in market cap and an 11.45% rise in trading volume. This uptrend, coupled with rising open interest and derivatives volume, suggests a bullish outlook for ETH amidst the BTC halving anticipation.
#Priceanalysis #priceprediction
📈 In a captivating turn of events amidst global turmoil, the crypto market rebounded today, catching the attention of investors worldwide. An Ethereum whale's substantial staking on Beacon Chain has added to this optimism.
🐋 An unknown whale withdrew 1,214 ETH from Binance, boosting their holdings to 20,545 ETH staked on Beacon Chain. This move reflects confidence in Ethereum's long-term value, coinciding with ETH's price recovery.
💹 Ethereum surged 4.71% in 24 hours, now trading at $3,109.50 with a 4.68% increase in market cap and an 11.45% rise in trading volume. This uptrend, coupled with rising open interest and derivatives volume, suggests a bullish outlook for ETH amidst the BTC halving anticipation.
#Priceanalysis #priceprediction
Shiba Inu (SHIB) Price Prediction: Can It Hit $0.000014 Before 2024?
Shiba Inu holds strong: SHIB investors may anticipate potential 30% surge following analyst's bullish prediction.
In a comprehensive analysis, Martinez suggested that SHIB might experience a significant breakout if it manages to uphold the crucial support level at $0.0000103.
The analyst's forecast, made when SHIB was valued at $0.000011, has already seen some validation as the token surged to nearly $0.000012 before a modest correction of over 10%.
Despite the correction, SHIB resiliently clung to the $0.0000103 level, a key point identified by Martinez. Presently, the meme token is trading 4% above this level, giving credence to the analyst's predictions. SHIB traders are now closely monitoring this level, as a sustained hold could potentially trigger another wave of upside, with the potential for a more than 30% increase.
Yesterday's remarkable performance saw the token gain over 20%, leaving a substantial green daily candle on the price chart. This surge contributed to a notable 28% rate of return for the Shiba Inu token since the start of December.
With momentum building and Martinez's predictions gaining traction, the community is eagerly speculating on whether SHIB can reach the projected target of $0.000014 before the close of 2024.
Shiba Inu enthusiasts are on the edge of their seats, as their favorite token continues to defy common expectations. The question remains: Can SHIB achieve the projected surge, or will external factors influence its trajectory in the coming days?
#SHIBSurge #SHIBFuture #ShibaInuAI #Priceanalysis #CryptoScoop
$SHIB
Shiba Inu holds strong: SHIB investors may anticipate potential 30% surge following analyst's bullish prediction.
In a comprehensive analysis, Martinez suggested that SHIB might experience a significant breakout if it manages to uphold the crucial support level at $0.0000103.
The analyst's forecast, made when SHIB was valued at $0.000011, has already seen some validation as the token surged to nearly $0.000012 before a modest correction of over 10%.
Despite the correction, SHIB resiliently clung to the $0.0000103 level, a key point identified by Martinez. Presently, the meme token is trading 4% above this level, giving credence to the analyst's predictions. SHIB traders are now closely monitoring this level, as a sustained hold could potentially trigger another wave of upside, with the potential for a more than 30% increase.
Yesterday's remarkable performance saw the token gain over 20%, leaving a substantial green daily candle on the price chart. This surge contributed to a notable 28% rate of return for the Shiba Inu token since the start of December.
With momentum building and Martinez's predictions gaining traction, the community is eagerly speculating on whether SHIB can reach the projected target of $0.000014 before the close of 2024.
Shiba Inu enthusiasts are on the edge of their seats, as their favorite token continues to defy common expectations. The question remains: Can SHIB achieve the projected surge, or will external factors influence its trajectory in the coming days?
#SHIBSurge #SHIBFuture #ShibaInuAI #Priceanalysis #CryptoScoop
$SHIB
📉📈 SOL Price Dump and Pump, Can Solana Overcome Selling Pressure?
📈 Solana Price Recovery Underway
Solana (SOL) has begun a recovery after a significant decline below key support levels, with bulls stepping in around $110. 🚀
📉 Immediate Resistance Levels:
SOL faces resistance near $150, followed by a major hurdle at $160, where a bearish trend line is forming on the 4-hour chart.
📉 Potential Upside Momentum:
A breakthrough above $160 resistance could pave the way for a substantial increase towards $182 and potentially $200.
📉 Support Levels in Focus:
On the downside, initial support is at $140, with major support zones around $132 and $125. Further declines could test the $115 support level.
Stay tuned for developments as SOL navigates through these critical levels! 📊
#Priceanalysis #priceprediction
📈 Solana Price Recovery Underway
Solana (SOL) has begun a recovery after a significant decline below key support levels, with bulls stepping in around $110. 🚀
📉 Immediate Resistance Levels:
SOL faces resistance near $150, followed by a major hurdle at $160, where a bearish trend line is forming on the 4-hour chart.
📉 Potential Upside Momentum:
A breakthrough above $160 resistance could pave the way for a substantial increase towards $182 and potentially $200.
📉 Support Levels in Focus:
On the downside, initial support is at $140, with major support zones around $132 and $125. Further declines could test the $115 support level.
Stay tuned for developments as SOL navigates through these critical levels! 📊
#Priceanalysis #priceprediction
🚀📈 Pepe 0.0000030 very soon 🚀📈
I have given this update numerous of times now and all those who bought pepe at that time woild be in profit already ( I gave the buy suggestion when peppe was at 0.0000009 )
everybody at that time though pepe is gonna bs dead But A memecoin with like 0.6 billion marketcap and Huge hype isn’t gonna be dead anytime soon
So Now Pepe is i 0.0000015-16 zone and might go somewhat down in short term But my prediction for the pepe is that by september it wiuld be at 0.000003 Easily . Because good trading volume is there and The coin has very good hype And no fud is there against it so those looking for a good coin in mid term you can Buy PEPE in spot But first do your own research before Purchasing 🤗
#PepeCoin #Priceanalysis
I have given this update numerous of times now and all those who bought pepe at that time woild be in profit already ( I gave the buy suggestion when peppe was at 0.0000009 )
everybody at that time though pepe is gonna bs dead But A memecoin with like 0.6 billion marketcap and Huge hype isn’t gonna be dead anytime soon
So Now Pepe is i 0.0000015-16 zone and might go somewhat down in short term But my prediction for the pepe is that by september it wiuld be at 0.000003 Easily . Because good trading volume is there and The coin has very good hype And no fud is there against it so those looking for a good coin in mid term you can Buy PEPE in spot But first do your own research before Purchasing 🤗
#PepeCoin #Priceanalysis
Market Crash Incoming, Stack THESE Assets Now: Robert Kiyosaki
Being ready for economic challenges is key, and keeping a positive outlook can make a significant difference. Not only is it smart, but actually necessary in today’s uncertain markets. That’s what the renowned analyst Robert Kiyosaki is preaching to naive investors who are diving into the crypto pool without any market strategy. Over the weekend, Bitcoin broke $41,000, which thus gave way to a lot of hype.
Looking at the current scenario, investor and expert Robert Kiyosaki recently sounded the alarm bells, predicting a massive market collapse and a potential Great Depression ahead. In his X post, he highlighted concerns about the current White House, US Treasury, and Federal Reserve leadership, dubbing them the “3 stooges,” signaling an impending crisis and possible wartime scenario.
Considering the SEC’s actions on major exchanges, Kiyosaki’s skepticism towards the government and financial system is reasonable. He criticizes their actions, citing fraud and terror links. This skepticism echoes his past critiques of the Federal Reserve and government bodies, holding them responsible for economic challenges.
Echoing his broader stance on financial education, Kiyosaki advises against conventional investments like paper money, stocks, bonds, mutual funds, and ETFs, calling them “worthless” assets for the working class. His warnings align with his principles on financial intelligence, urging individuals to diversify into tangible assets.
Kiyosaki’s wake-up call stresses the importance of reevaluating investment strategies and embracing a diversified approach in uncertain economic times. As he warns against relying solely on traditional investments lacking value, Kiyosaki advocates for a simple financial education
In conclusion, Robert Kiyosaki’s warning prompts investors to reassess their strategies and consider a diversified approach, focusing on tangible assets amid economic uncertainties.
#robertkiyosaki #crash #Priceanalysis #priceprediction #CryptoScoop
$SOL $XRP $LUNC
Being ready for economic challenges is key, and keeping a positive outlook can make a significant difference. Not only is it smart, but actually necessary in today’s uncertain markets. That’s what the renowned analyst Robert Kiyosaki is preaching to naive investors who are diving into the crypto pool without any market strategy. Over the weekend, Bitcoin broke $41,000, which thus gave way to a lot of hype.
Looking at the current scenario, investor and expert Robert Kiyosaki recently sounded the alarm bells, predicting a massive market collapse and a potential Great Depression ahead. In his X post, he highlighted concerns about the current White House, US Treasury, and Federal Reserve leadership, dubbing them the “3 stooges,” signaling an impending crisis and possible wartime scenario.
Considering the SEC’s actions on major exchanges, Kiyosaki’s skepticism towards the government and financial system is reasonable. He criticizes their actions, citing fraud and terror links. This skepticism echoes his past critiques of the Federal Reserve and government bodies, holding them responsible for economic challenges.
Echoing his broader stance on financial education, Kiyosaki advises against conventional investments like paper money, stocks, bonds, mutual funds, and ETFs, calling them “worthless” assets for the working class. His warnings align with his principles on financial intelligence, urging individuals to diversify into tangible assets.
Kiyosaki’s wake-up call stresses the importance of reevaluating investment strategies and embracing a diversified approach in uncertain economic times. As he warns against relying solely on traditional investments lacking value, Kiyosaki advocates for a simple financial education
In conclusion, Robert Kiyosaki’s warning prompts investors to reassess their strategies and consider a diversified approach, focusing on tangible assets amid economic uncertainties.
#robertkiyosaki #crash #Priceanalysis #priceprediction #CryptoScoop
$SOL $XRP $LUNC
Bitcoin's $45K Threshold Marks Critical Point for Medium-Term Investors
Bitcoin's recent surge toward the $45,000 mark has emerged as a critical juncture for investors who entered the market two to three years ago
The cryptocurrency market, which is known for its volatility, is currently witnessing Bitcoin's ascent towards a critical juncture: the $45,000 mark.
This threshold, far from being a mere technical milestone, holds a deeper significance for a considerable portion of Bitcoin investors. This importance stems from the fact that this level corresponds to the average cost basis for those who invested in Bitcoin between two and three years ago, according to insights from CryptoQuant. These investors, who represent about 16% of the total Bitcoin supply and account for 33% of its realized capitalization, are now at a pivotal point, as the price approaches their initial investment value.
Recently, Bitcoin's price hit a new year-to-date peak, reaching $41,911 on the Bitstamp exchange. This upward movement marks the first time in the current year that Bitcoin has crossed the $40,000 barrier. Analysts attribute this surge to a combination of factors, including heightened expectations for the approval of a Bitcoin exchange-traded fund and speculation about potential cuts in U.S. interest rates.
Meanwhile, open interest in Bitcoin perpetual futures on the Deribit exchange reached a yearly high of $740 million. This level of interest has not been seen since November 2021 when Bitcoin attained its all-time high of over $68,000.
#BTC #Bitc #priceprediction #Priceanalysis #BinanceTournament
$BTC
Bitcoin's recent surge toward the $45,000 mark has emerged as a critical juncture for investors who entered the market two to three years ago
The cryptocurrency market, which is known for its volatility, is currently witnessing Bitcoin's ascent towards a critical juncture: the $45,000 mark.
This threshold, far from being a mere technical milestone, holds a deeper significance for a considerable portion of Bitcoin investors. This importance stems from the fact that this level corresponds to the average cost basis for those who invested in Bitcoin between two and three years ago, according to insights from CryptoQuant. These investors, who represent about 16% of the total Bitcoin supply and account for 33% of its realized capitalization, are now at a pivotal point, as the price approaches their initial investment value.
Recently, Bitcoin's price hit a new year-to-date peak, reaching $41,911 on the Bitstamp exchange. This upward movement marks the first time in the current year that Bitcoin has crossed the $40,000 barrier. Analysts attribute this surge to a combination of factors, including heightened expectations for the approval of a Bitcoin exchange-traded fund and speculation about potential cuts in U.S. interest rates.
Meanwhile, open interest in Bitcoin perpetual futures on the Deribit exchange reached a yearly high of $740 million. This level of interest has not been seen since November 2021 when Bitcoin attained its all-time high of over $68,000.
#BTC #Bitc #priceprediction #Priceanalysis #BinanceTournament
$BTC
CARDANO PRICE ANALYSIS: "Market on the Verge: Decisive Make or Break Level to Determine
Cardano's price has recently initiated a downward trend after facing resistance around the $0.40 level. If the price breaks below the crucial support level of $0.35, there is a possibility of further decline.
Over the past week, Cardano's price made multiple unsuccessful attempts to surpass the resistance at $0.400. As a result, the bears took control, causing the price to retreat below the support level at $0.388.
After failing to maintain support at $0.380 and $0.365, Cardano's price experienced a decline. It eventually reached a testing point at the $0.355 support level, establishing a low near $0.3531. Presently, the price is making an effort towards a minor upward correction, following a similar pattern to Bitcoin and Ethereum.
As of now, #ADA continues to be traded below both the $0.365 level and the 50-hour simple moving average. Additionally, on the 4-hour chart of the ADA/USD pair, there is a prominent bearish trend line taking shape, which presents resistance around $0.380.
On the upside, immediate resistance is observed around the $0.375 level, which aligns with the 50% Fibonacci retracement level of the recent downward move from the $0.3970 swing high to the $0.3531 low. Further up, a significant resistance area is taking shape near $0.380, represented by a trend line. A successful breakout above the resistance levels at $0.375 and $0.380 could potentially trigger a substantial bullish rally. In such a scenario, the price might even surpass the critical resistance zone at $0.4000, opening doors for a potential test of $0.4200.
In the event that #Cardano price is unable to surmount the resistance levels at $0.375 and $0.380, there is a possibility of further downward movement. Immediate support is anticipated around the $0.353 level. Subsequently, the next significant support is expected near the $0.340 level. A breach below this level could trigger a renewed decline, potentially leading to a downward trajectory towards the $0.320 mark. The subsequent major support is projected to be located around the $0.300 level.
#Priceanalysis predicts that the market capitalization of this ADA will be $12,617,608,975. The 24-hour trading volume of the coin is around $340,429,615.
KEY LEVELS :
RESISTANCE LEVEL : $0.3750-$0.3900
SUPPORT LEVEL : $0.3530-$0.3400
Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.
#coingabbar #crypto2023
Over the past week, Cardano's price made multiple unsuccessful attempts to surpass the resistance at $0.400. As a result, the bears took control, causing the price to retreat below the support level at $0.388.
After failing to maintain support at $0.380 and $0.365, Cardano's price experienced a decline. It eventually reached a testing point at the $0.355 support level, establishing a low near $0.3531. Presently, the price is making an effort towards a minor upward correction, following a similar pattern to Bitcoin and Ethereum.
As of now, #ADA continues to be traded below both the $0.365 level and the 50-hour simple moving average. Additionally, on the 4-hour chart of the ADA/USD pair, there is a prominent bearish trend line taking shape, which presents resistance around $0.380.
On the upside, immediate resistance is observed around the $0.375 level, which aligns with the 50% Fibonacci retracement level of the recent downward move from the $0.3970 swing high to the $0.3531 low. Further up, a significant resistance area is taking shape near $0.380, represented by a trend line. A successful breakout above the resistance levels at $0.375 and $0.380 could potentially trigger a substantial bullish rally. In such a scenario, the price might even surpass the critical resistance zone at $0.4000, opening doors for a potential test of $0.4200.
In the event that #Cardano price is unable to surmount the resistance levels at $0.375 and $0.380, there is a possibility of further downward movement. Immediate support is anticipated around the $0.353 level. Subsequently, the next significant support is expected near the $0.340 level. A breach below this level could trigger a renewed decline, potentially leading to a downward trajectory towards the $0.320 mark. The subsequent major support is projected to be located around the $0.300 level.
#Priceanalysis predicts that the market capitalization of this ADA will be $12,617,608,975. The 24-hour trading volume of the coin is around $340,429,615.
KEY LEVELS :
RESISTANCE LEVEL : $0.3750-$0.3900
SUPPORT LEVEL : $0.3530-$0.3400
Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.
#coingabbar #crypto2023
Ethereum’s Price Target for 2024 🚀📈
📊 Ethereum, the largest altcoin by market value, hasn't performed as strongly as expected. Despite this, historical data offers promising signs for the future.
📈 Bitfinex analysts are optimistic, expecting a stronger rally for ETH in 2024 based on historical data. A price prediction using the Mayer Multiple oscillator suggests an annual target of $5,400, with potential for even more growth.
🔍 This prediction is based on $ETH 's cyclical behavior and its deviation from the moving average. As the asset swings between overbought and oversold bands, analysts anticipate a higher peak, potentially surpassing $5,400.
💡 According to CoinMarketCap, $ETH is currently around $3,500, 27% below its all-time high. Data from Polymarket indicates growing optimism, with fewer market participants believing ETH won't surpass its ATH this year.
📉 On the flip side, some analysts are cautious, citing lingering concerns like the SEC's actions. However, there's speculation that the approval of a spot ETH ETF could be on the horizon, potentially boosting prices.
🚀 Overall, while past performance isn't indicative of future results, various factors suggest a positive outlook for Ethereum's price in 2024.
#Priceanalysis #Ethereum✅ #priceprediction
📊 Ethereum, the largest altcoin by market value, hasn't performed as strongly as expected. Despite this, historical data offers promising signs for the future.
📈 Bitfinex analysts are optimistic, expecting a stronger rally for ETH in 2024 based on historical data. A price prediction using the Mayer Multiple oscillator suggests an annual target of $5,400, with potential for even more growth.
🔍 This prediction is based on $ETH 's cyclical behavior and its deviation from the moving average. As the asset swings between overbought and oversold bands, analysts anticipate a higher peak, potentially surpassing $5,400.
💡 According to CoinMarketCap, $ETH is currently around $3,500, 27% below its all-time high. Data from Polymarket indicates growing optimism, with fewer market participants believing ETH won't surpass its ATH this year.
📉 On the flip side, some analysts are cautious, citing lingering concerns like the SEC's actions. However, there's speculation that the approval of a spot ETH ETF could be on the horizon, potentially boosting prices.
🚀 Overall, while past performance isn't indicative of future results, various factors suggest a positive outlook for Ethereum's price in 2024.
#Priceanalysis #Ethereum✅ #priceprediction
