🐢🐕🦊🦎 Memecoins continue to mark 2023. The most recent # | tuNNCay on Binance Square

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Memecoins continue to mark 2023. The most recent #memecoins you bought?
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🦊SHIB Technical Analysis: Will There Be A Rally Between Market Imbalance? 📊 🚀 $SHIB 🧧🧧 $SHIB 🧧🧧 $SHIB 🧧 SHIB technical analysis; meme coin is currently hovering in uncertain waters. There are graphs showing that it must fill the fair value gap (FVG) before a potential rally occurs. Shiba Inu price analysis: SHIB price rose 0.7% in the last 24 hours, trading at around $0,0001669 during European business hours on Wednesday. The rise in price comes in the middle of the overall market rise caused by the Bitcoin price recovery. Shiba Inu was one of the crypto assets most affected during Bitcoin's price drop. SHIB Technical Analysis Shiba's price came out of a descending triangle on June 14 and fell as low as $0.00001266. However, following the overall market recovery, the memecoin rose 32% from its last low. SHIB technical analysis; the move is below the 2-day, 50-day and 200-day simple moving averages (SMA) that are not bullish for the asset. Just below the last low, there is a zone of market imbalance that must be filled for the asset's price to completely reverse. SHIB's price action is close to the 21-day SMA, which has been acting as a resistance level for the past 33 days. A break above this indicator could result in more upward movement to the 200-day and 50-day SMA clustered together. Therefore, the Shiba Inu price prediction suggests that between $0.0000168 and $0.000195, the SHIB price may be one of the toughest resistance zones it can face. A breakout above this region could throw the SHIB price to $0.0000336. The SHIB price may need to drop by 30% from its current price to fill the fair value gap (FVG) around $0.00011. However, the sooner Shiba Inu clears up this market imbalance zone, the sooner the crypto asset may begin to move upwards. An important support area to follow is at the level of $0.00001361. #technicalanalyst #ANALYSIS #Shibalnu

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Why is Bitcoin Price Falling?🔎 $BTC 🧧🧧$BTC 🧧🧧$BTC Bitcoin (BTC) price fell as far as $54,800 at the time of writing, now finding buyers at $56,000. Volatility is extremely high. The biggest reason for this is Germany's ongoing BTC sales. So what has triggered this decline in the last few hours? Here are the details. The 50,000 BTC confiscated by the German government has been sold in parts for a long time. Investors' risk appetite is significantly negatively affected as on-chain alarms sound with continuous transfers. The good news is that half of the total reserve melted with the latest institution sales made by the BKA of the German government. Short-term intense selling pressure in the markets may weaken after the remaining BTC is also sold. However, we should see details that MTGOX returns will be slow. – Track the movements of BTC transfers towards exchanges. – Watch the German government's sales programs. – Observe the timing of MTGOX returns and adjust your strategy accordingly. DYOR #BTC☀ #ANALYSIS #predictions

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DOGE and SHIB Prepare for Big Increase 🚀👀 $DOGE 🧧🧧 $SHIB 🧧🧧🧧 Dogecoin (DOGE) is currently at a critical support level around $0.1184. This level is very important as it determines the potential for further rallying or withdrawal. Traders carefully observe this support because maintaining this level can pave the way for significant gains. Technical analysis shows that a break above this level could push Dogecoin (DOGE) towards new highs, with some experts forecasting an increase of up to $0.653, representing a significant increase. The future outlook for Dogecoin (DOGE) remains mixed. On the one hand, the potential for a breakout, supported by bullish technical indicators and increasing market sentiment, is strong. On the other hand, the coin faces challenges such as profit-taking pressure that could hinder its upward trajectory. Shiba Inu (SHIB) is on the verge of significant price action, with forecasts pointing to a potential increase of 250%. The projected $0.00005 target means significant growth from its current levels. Technical analysis and emerging buy signals show that Shiba Inu (SHIB) is ready for bullish and will attract the attention of investors looking for high yields. This potential rise is due to increased accumulation and favorable market conditions. Expectations for Shiba Inu (SHIB) look promising. The predicted 250% increase depends on continuous buy signals and positive market sentiment. However, Shiba Inu (SHIB) faces inherent risks such as market volatility and broader crypto market trends that could affect its performance. In order for Shiba Inu (SHIB) to reach its projected targets, it will need to maintain its momentum and effectively manage possible market corrections. Investors should approach from a balanced perspective, taking into account both the high earnings potential and associated risks. #ANALYSIS #doge⚡ #mememcoinseason2024

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BONK Price Rise Sees Meme Coin Overtake FLOKI 🚀🚀🚀🚀🧧🧧🧧 $BONK $FLOKI Last week, BeInCrypto’s technical and on-chain analysis predicted that Bonk (BONK) was looking to reach $0.000025. But that was not the end, as the meme coin went further and surpassed the prediction. Amid its recent increase, something else has happened, and a deeper analysis hints at a surprising revelation. Volatility Rises as the Solana Meme Coin Overtakes FLOKI According to CoinGecko, Bonk’s market cap was about $1.49 billion on July 1. Around the same time, Floki (FLOKI), another meme coin, had a market cap of $1.62 billion. Fast forward to today, things changed, as BONK’s market cap hit $1.73 billion while FLOKI’s was lower at $1.70. The rise in the market cap can be linked to BONK’s price performance since the market cap is a product of price and circulating supply. At press time, the price has increased by 10.50% in the last 24 hours. This is higher than FLOKI, which is a 3.58% hike. Following the price increase, Santiment data shows that volatility around BONK has spiked. Specifically, the on-chain analytic platform put the one-day volatility at 0.042. Volatility indicates how quickly prices can move within a short period of time. If accompanied by buying pressure, high volatility can help the value of a token surge to incredible levels. However, if selling pressure is intense during high volatility, the price can crater in a flash. In BONK’s case, the price may continue to jump if buyers do not rest on their oars. If this were the case, it would have marked the end of BONK’s uptrend as it is bullish-to-bearish. However, since the pattern is inverse, it means that the trend is bearish-to-bullish. Therefore, BONK’s price may reach head toward $0.000031 if buyers decide to sustain the momentum. #prediction #analysis #mememcoinseason2024

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$NOT 🧧$NOT 🧧 $NOT NOT Coin Price View 👀 While exchanges continued between Notcoin investors, Open Interest data fell $70 million 7 days ago, creating uneasiness. However, the recovery process has started and is now observed to have risen to $151 million. This increase in the open interest rate shows that market investors' confidence in Notcoin is increasing again. The recovery that took place marks the return of the traders. The fact that the funding rate in the futures market continues to remain positive also reinforces investor confidence. NOTE is trading above the $0.014 level as of writing time. This level serves as support as a downtrend line. If it moves away from this level, a price increase may be triggered. The initial target is $0.017 and could transform as a support if this level is exceeded. In order for Notcoin, which came out on Telegram and affected the market, to exceed 0.020 dollars, the $0.017 barrier must be overcome. If the price does not rise, the initial support is at the level of $0.013. In this case, the decline may continue up to $0.012. NOTE price should stay above the $0.014 level. If the $0.017 level is exceeded, a price increase should be expected. The $0.013 level is the first support point in the possible decline. The positive remaining of the funding rate indicates that investors have taken a long position. As a result, the optimism of Notcoin investors remains. It is important that the price remains above $0.014 and exceeds the $0.017 level. In the event of a fall, $0.013 is the critical support level. #NOTUSDT🚨 #NOT🔥🔥🔥 #analysis

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