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#priceupdate Next Month's Cryptocurrency Price Outlook (July 12, 2024)
#### Bitcoin (BTC)
- **Current Factors:** Institutional adoption, regulatory news, macroeconomic trends.
- **Potential Drivers:** Increased institutional investment, favorable regulations, Lightning Network upgrades.
#### Ethereum (ETH)
- **Current Factors:** DeFi growth, Ethereum 2.0 upgrades, NFT market.
- **Potential Drivers:** Successful Ethereum 2.0 implementation, DeFi and NFT adoption.
#### Other Major Cryptocurrencies
- **Binance Coin (BNB):** Influenced by Binance ecosystem growth and regulatory news.
- **Cardano (ADA):** Driven by network upgrades, partnerships, and expanded use cases.
- **Solana (SOL):** Benefits from high-performance blockchain applications, DeFi, and NFT adoption.
### General Influencing Factors
- **Market Sentiment:** News can rapidly affect prices.
- **Technological Developments:** New features and improvements boost confidence.
- **Regulatory Environment:** Favorable regulations increase adoption.
- **Macroeconomic Factors:** Inflation, interest rates, and economic policies impact investment.
### Disclaimer
Cryptocurrency prices are highly volatile and influenced by numerous unpredictable factors. For the latest predictions, follow financial news, expert analyses, and real-time market data.
#### Bitcoin (BTC)
- **Current Factors:** Institutional adoption, regulatory news, macroeconomic trends.
- **Potential Drivers:** Increased institutional investment, favorable regulations, Lightning Network upgrades.
#### Ethereum (ETH)
- **Current Factors:** DeFi growth, Ethereum 2.0 upgrades, NFT market.
- **Potential Drivers:** Successful Ethereum 2.0 implementation, DeFi and NFT adoption.
#### Other Major Cryptocurrencies
- **Binance Coin (BNB):** Influenced by Binance ecosystem growth and regulatory news.
- **Cardano (ADA):** Driven by network upgrades, partnerships, and expanded use cases.
- **Solana (SOL):** Benefits from high-performance blockchain applications, DeFi, and NFT adoption.
### General Influencing Factors
- **Market Sentiment:** News can rapidly affect prices.
- **Technological Developments:** New features and improvements boost confidence.
- **Regulatory Environment:** Favorable regulations increase adoption.
- **Macroeconomic Factors:** Inflation, interest rates, and economic policies impact investment.
### Disclaimer
Cryptocurrency prices are highly volatile and influenced by numerous unpredictable factors. For the latest predictions, follow financial news, expert analyses, and real-time market data.
PEPE Coin price update
Pepe Coin (PEPE) recently experienced a 25% price drop after peaking at $0.0000172 in late May, falling to $0.00001274 with its market cap at $5.36 billion. As Bitcoin struggled above $70,000, the broader cryptocurrency market faced downward pressure, suggesting a period of correction or consolidation.
Since mid-April, PEPE saw a 335% rise from $0.00000393 to $0.000017, driven by an ascending trendline. However, Bitcoin's recent consolidation has slowed the altcoin market's recovery, causing PEPE to drop below its support level.
The breakdown indicates potential further declines to $0.00000881 or $0.000006. A recent long tail rejection candle shows interest in buying PEPE at lower prices.
Nascent, a venture capital firm, purchased 447.67 billion PEPE tokens worth $5.48 million, achieving a 4.8% unrealized profit. PEPE is now Nascent’s top asset, with an estimated total profit of $2.45 million.
For a rebound, PEPE needs to stabilize above $0.0000108 and overcome resistance at $0.000017. The 50-day EMA provides additional support at $0.0000108, while a drop in the ADX slope to 32% suggests the current correction may recover the bullish momentum.
#TopCoinsJune2024
#Binance200M
#priceupdate
#Write&Earn
Pepe Coin (PEPE) recently experienced a 25% price drop after peaking at $0.0000172 in late May, falling to $0.00001274 with its market cap at $5.36 billion. As Bitcoin struggled above $70,000, the broader cryptocurrency market faced downward pressure, suggesting a period of correction or consolidation.
Since mid-April, PEPE saw a 335% rise from $0.00000393 to $0.000017, driven by an ascending trendline. However, Bitcoin's recent consolidation has slowed the altcoin market's recovery, causing PEPE to drop below its support level.
The breakdown indicates potential further declines to $0.00000881 or $0.000006. A recent long tail rejection candle shows interest in buying PEPE at lower prices.
Nascent, a venture capital firm, purchased 447.67 billion PEPE tokens worth $5.48 million, achieving a 4.8% unrealized profit. PEPE is now Nascent’s top asset, with an estimated total profit of $2.45 million.
For a rebound, PEPE needs to stabilize above $0.0000108 and overcome resistance at $0.000017. The 50-day EMA provides additional support at $0.0000108, while a drop in the ADX slope to 32% suggests the current correction may recover the bullish momentum.
#TopCoinsJune2024
#Binance200M
#priceupdate
#Write&Earn
📊Volume Analysis📈💹BTC $ ETH💰
💫Major indices taking a breather as buy-side volumes wane on the histograms, though sellers not increasing activity yet.
💫However, ALT/STB, BTC/STB and ALT/BTC seeing influx of volumes—- indicating buyers willing to support trend by acquiring dips.
🗣BTC
💫After breaking out from accumulation range, asset successfully secured footing in two-wave move, meeting little resistance on second attempt higher.
💫New support developing at prior $63,610-$64,000 range top. Lower range boundary at $59,494 also remains supportive, but historic highs now acting as resistance.
🗣ETH
💫Attempted breakout stalled just shy of $3,523, which attracted surge of selling interest to mark range highs for now.
💫Price currently probing upper range boundary again. Failure to pullback to mid-range could keep consolidation temporary before potential upside continuation.
Supports at range lows of $3,300 and $3,176. Old $3,083-$3,038 zone should also provide buying confluence if retested.
🎑Results
💫Uptrends remain intact as assets take turns leading/lagging. BTC contending with resistance at prior highs, while sellers defending ETH range top at $3,523 for now.
💫BTC: $63610-$64000 support, accumulation range support at $59494
ETH: $3523 resistance, $3300 range boundary, $3176 level and lower support at $3074-$3038 zone
#news #btc #eth #priceupdate
💫Major indices taking a breather as buy-side volumes wane on the histograms, though sellers not increasing activity yet.
💫However, ALT/STB, BTC/STB and ALT/BTC seeing influx of volumes—- indicating buyers willing to support trend by acquiring dips.
🗣BTC
💫After breaking out from accumulation range, asset successfully secured footing in two-wave move, meeting little resistance on second attempt higher.
💫New support developing at prior $63,610-$64,000 range top. Lower range boundary at $59,494 also remains supportive, but historic highs now acting as resistance.
🗣ETH
💫Attempted breakout stalled just shy of $3,523, which attracted surge of selling interest to mark range highs for now.
💫Price currently probing upper range boundary again. Failure to pullback to mid-range could keep consolidation temporary before potential upside continuation.
Supports at range lows of $3,300 and $3,176. Old $3,083-$3,038 zone should also provide buying confluence if retested.
🎑Results
💫Uptrends remain intact as assets take turns leading/lagging. BTC contending with resistance at prior highs, while sellers defending ETH range top at $3,523 for now.
💫BTC: $63610-$64000 support, accumulation range support at $59494
ETH: $3523 resistance, $3300 range boundary, $3176 level and lower support at $3074-$3038 zone
#news #btc #eth #priceupdate
LIVECrypto_Jobs
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$FLOKI - price update:
No buy signal yet, the price could consolidate for some time! ⏳
The daily view looks good📈
The price is consolidating nicely on the 0.00021500 - 0.000220$ support.
The 0.00023500$ resistance might be hard to break, but it looks like the price will push toward 0.0002600 or 0.0002750$ next📈
Local key supports:
0.00021700 $ - (0.00019500 - 0.00019700 $)
#floki #floki #Crypto_Jobs🎯 #buythedip #BTC
No buy signal yet, the price could consolidate for some time! ⏳
The daily view looks good📈
The price is consolidating nicely on the 0.00021500 - 0.000220$ support.
The 0.00023500$ resistance might be hard to break, but it looks like the price will push toward 0.0002600 or 0.0002750$ next📈
Local key supports:
0.00021700 $ - (0.00019500 - 0.00019700 $)
#floki #floki #Crypto_Jobs🎯 #buythedip #BTC
