Develop the right psychology in the trading, manage risk in Market, Components Of Price Action Trading System for successful trading, make consistent profit🍻
PEPE Token has been playing catch-up for a long time now but it seems to be on the upswing.
According to our PEPE Token price prediction, PEPE price is expected to have a 2.85% decrease and drop as low as by May 24, 2024. Our technical indicators signal about the Bullish Bullish 10% market sentiment on PEPE Token, while the Fear & Greed Index is displaying a score of 79 Extreme Greed🍻.
PEPE tokens can be traded on centralized crypto exchanges. The most popular exchange in the world to buy and trade Pepe is Binance, where the most active trading pair PEPE/USDT has a trading volume of $7,743,197 in the last 24 hours.
What is the daily trading volume of Pepe (PEPE)?
The trading volume of Pepe (PEPE) is $921,970,117 in the last 24 hours, representing a 120.70% increase from one day ago and signalling a recent rise in market activity.🍻🍾
1- The price of Bitcoin and Bitcoin ETFs are nearly identical.
2- ETFs are more suitable for investors who want to manage their $BTC Bitcoin and other investments from a traditional brokerage account, such as stocks and bonds.
3- Buying and holding $BTC Bitcoin directly is more suitable for crypto-confident investors who are comfortable setting up and managing their crypto account or wallet. It also opens up the potential to participate in DeFi opportunities.
4- Now that spot $BTC Bitcoin ETFs have been approved by the SEC, it’s easier than ever for crypto investors to buy and hold Bitcoin in their portfolios. (See our guide to Investing in Bitcoin ETFs
Here are several factors that contributed to today’s crypto market decline. The market has been stagnant for weeks, with little upward movement. However, today’s fall was triggered by new regulatory concerns in the crypto market. A decrease in Bitcoin Futures ETF and exchange inflow has further dampened investor sentiment, leading to bearish conditions.$BTC
Who can really predict what can happen next in the crypto world?
A recent downturn has once again grabbed headlines. After a brief period of recovery, the market has taken a hit, with the overall trading volume plummeting to $63.63 billion, its lowest point in weeks. This decline, marked by a steep 17% drop within a day, has been accompanied by a dip in the total crypto market cap to $2.3 trillion, signaling a shift away from optimistic sentiments on the fear and greed index.
BTC and ETH Feel the Heat
The recent downtrend has badly affected Bitcoin and Ethereum, with Bitcoin trading at $62,309.95 following a 2% fall and Ethereum at $2,999.41 after a 2.2% drop. This downward trend appears to be continuing, impacting other cryptocurrencies as well. On May 7th, the total cryptocurrency market cap held steady at $2.35 trillion, with Bitcoin showing a slight uptick at $63,550. However, other major cryptocurrencies like Ether, XRP, Dogecoin, Cardano, Toncoin (TON), and Avalanche faced modest declines ranging from 0.5% to 2.5%. These declines are largely attributed to the growing uncertainty in traditional markets.$BTC
There are many circumstances in which someone with a large amount of cryptocurrency could move their holdings. It should be noted that movement doesn't always mean a whale is selling off their holdings. They could be changing wallets or exchanges or making a large purchase.
Sometimes, whales may try to sell their assets in smaller amounts over an extended period to avoid drawing attention to themselves. They can produce market distortions, sending the price up or down unexpectedly. This is why investors watch the known whale addresses to look for the number of transactions along with their value
Whales🐳 can also increase price volatility, especially when they move a large quantity of cryptocurrency in one transaction. For example, the lack of liquidity and large transaction size can create downward pressure on Bitcoin's price if an owner tries to sell their bitcoin for fiat currency because other market participants see the transaction. Other investors go on high alert when whales🐳 sell, watching for indicators that they're "dumping" their holdings.
A common sign crypto investors watch for is the exchange inflow mean, or the average amount of a specific cryptocurrency being deposited into exchanges. If the mean amount of coins per transaction rises above 2.0, it is believed to mean that whales🐳 are likely to begin dumping if it correlates to a large number using the exchange.
The price is influenced not only by the inflow mean, but also by the publicity given to a particular whale's🐳 transaction. Bitcoin prices appear to respond to transactions involving large amounts of cryptocurrency when they're publicly announced on X by Whale🐳 Alert or communicated by news outlets.
Whales🐳 can be a problem for cryptocurrency because they're high-profile wallets and because of the concentration of wealth, particularly if it sits unmoved in an account. It lowers that specific cryptocurrency's liquidity when coins sit in an account rather than being used because there are fewer coins☹ available.
Large cryptocurrency holders are called whales🐳 because they are much larger than smaller fish🐟 in the cryptocurrency ocean. Three bitcoin wallets owned 2.94% of all the bitcoin in circulation in March 2024, according to Bitcoin Info Charts, and the top 110 wallets held more than 15% of all bitcoin.$BTC
These large accounts are closely monitored by the crypto community and investors. It's publicly announced on the Whale🐳 Alert website and on its X (formerly Twitter) account if any whales🐳 make transactions.
What Is a Crypto Whale🐳 and How Do They Affect Crypto Markets?
A cryptocurrency whale,🐳 more commonly known as a "crypto whale"🐳 or just a "whale,"🐳 is a cryptocurrency community term that refers to individuals or entities that hold large amounts of cryptocurrency. Whales🐳 own enough cryptocurrency to influence currency markets. Achieving whale🐳 status in the cryptocurrency space is subjective, with no set amount that defines the status. The community seems to agree that ownership of a large amount of circulating cryptocurrency qualifies as a whale.🐳 Learn how these large accounts can influence cryptocurrency investors and the market.
Follow P2P Risk Control Binance Policy. Follow Binance instructions Save Yourself and Money.
The first way to save your money is to make sure that every time we buy and sell, every buyer and seller we are shopping with should have a profile rating of 90 plus. And during buy and sell we should be very careful that we should not release our dollars until the money reaches our account, we confirm and verify the money. Alhamdulillah no scam has happened to me till now and if someone wants to scam me I have controlled my risk and also controlled my money by following Binance Risk policy. So I would advise you to use Up Expressway whenever you buy and sell.
It is very sad to see that BTC is also in the list of losers, but there is nothing to be disappointed, it is going down now. It is a very good news for BTC investors. need some courage and you guys don't have to lose your courage just focus a little and relax your mind and keep your thinking broad and soon you will see how much BTC will benefit you. wish you Good luck🥂
Daily Forex technical analysis and fundamental analysis
Risk Warning: Trading on financial markets carries risks. Contracts for Difference (‘CFDs’) are complex financial products that are traded on margin. Trading CFDs carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, CFDs may not be suitable for all investors because you may lose all your invested capital. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved and take into account your investment objectives and level of experience. Thanks 🥂
👉The BTCUSD pair shows the Bitcoin/US dollar rate. The instrument is popular with Forex traders as the demand for cryptos is steadily growing and Bitcoin remains the most traded crypto asset. Bitcoin is a virtual currency that has no physical form. That's a digital code that users can transfer to one another without intermediaries. Transfers are made via a blockchain network containing encrypted information about all transactions. From its inception to the present day, Bitcoin has been the most popular and searched-for cryptocurrency. That's the world's first digital coin. Its appearance marked the epoch of decentralized finance. So, only demand affects the Bitcoin rate, and it's only growing. The accessibility of this asset explains its popularity — everyone can buy or mine coins. However, Bitcoin mining implies using powerful computer systems. The BTCUSD pair has been drawing professional traders' attention from the moment of its appearance in the Forex market. Bitcoin's drastic growth and predictability make the pair a reliable and profit-yielding market instrument. The fans of this cryptocurrency are sure that Bitcoin is the future of the global financial system. So, analysts predict its further uptrend. When dealing with the BTCUSD, traders should pay attention to position trading strategies.
Bitcoin Cash brings sound money to the world, fulfilling the original promise of Bitcoin as "Peer-to-Peer Electronic Cash". Merchants and users are empowered with low fees and reliable confirmations. The future shines brightly with unrestricted growth, global adoption, permissionless innovation, and decentralized development.All are welcome to join the Bitcoin Cash community as we move forward in creating sound money accessible to the whole world.$BCH
XRP's price increased to $0.63, with predictions of reaching up to $1.30 in the short term due to a potential bull run. Factors contributing to the asset's possible rise include the potential resolution of the ongoing lawsuit between Ripple and the US SEC, with the trial scheduled for April 23.
In 2024, our XRP forecast suggests that the coin might have reached a maximum value of $2.65, with a minimum price of $0.46.
Before we begin our detailed XRP price prediction, let’s break down its price history and technical and fundamental analysis! However, it is not possible to accurately predict the price of cryptos as past performance does not guarantee future results. So, please remember that this article on Ripple forecast is not in any form of investment advice and should not be taken as the same. Conduct your own research before investing your hard-earned money in the crypto market.