Do Dogecoins Reach $1 By Year End? What Fibonacci Levels Say
Market participants predict Dogecoin to hit $1 in current bull run as a psychological level. Based on Dogecoin's Fibonacci levels, crypto researcher Dj Anas predicts it might achieve this objective by year-end.
Fibonacci Levels Show Dogecoin Could Reach $1 By Year-End.
According to TradingView, crypto researcher Dj Anas believes Dogecoin might hit $1 by year-end due to Fibonacci levels. Based on Fibonacci levels, the expert said that Dogecoin is pushing on the support-resistance line between $0.25 and $0.27, which might support an upward advance to $1.
The Bitcoin Network Fundamentals Turn Bullish—More Details
Predict Bitcoin Price: Analyst Targets $320,000 in Wave 5
19 hours before
Like Dj Anas, crypto expert Master Kenobi, who accurately forecasted the Dogecoin bull run, predicts $1 by year-end. He disclosed that Dogecoin was fewer than 30 days from completing a 91-day sequence that could boost its price to $1.
Master Kenobi said that Dogecoin's all-time high (ATH) is just beyond the psychological $100 billion market cap level, which might push the price to this objective. He presented a graphic predicting $1 for DOGE by December 2.
Master Kenobi stated the $1 Dogecoin price objective is a psychological threshold and a key benchmark that demonstrates DOGE's potential. He stated that achieving $1 would mature the meme coin and secure its place as a long-term asset.
Crypto expert Trader Tardigrade predicted a big Dogecoin price in four months in an X post. He announced that Dogecoin has reached its greatest monthly closing level. Last time, Dogecoin rose 8,000% in four months.
This happened during the 2017 bull run, when DOGE rose 1,000% in eight months. Dogecoin might see another parabolic surge like in 2017 and 2021. According to the analyst's graphic, Dogecoin may increase to $3.6 if it replicates the 1,000% gain from 2017 and $26 if it reflects the 8,000% gain from 2021.
#DogecoinPriceSurge #TrumpNominatesMuskDOGE $DOGE
{spot}(DOGEUSDT)
#Bitcoin/#Ethereum: The one indicator making us nervous...
👇1-12) The most challenging aspect of trading is deciding when to call a top while positioned for a parabolic move. Reducing long exposure may risk missing out on further gains, yet disciplined risk management remains essential for every trade. A prudent approach leverages market exuberance by strategically building portfolios that capture potential upside while actively managing downside risk, creating a more balanced and risk-aware strategy.
👇2-12) Since September, we’ve been among the most vocal bulls, anticipating a major breakout based on robust market structure and flow data signals. Our technical analysis suggested that the seven-month consolidation phase had concluded by September, setting the stage for a potential price surge. Recently, we’ve observed a spike in retail trading activity and elevated funding rates as Bitcoin, among others, has indeed gone parabolic. While we remain bullish, there are a few key indicators that traders should keep an eye on.
👇3-12) While we remain bullish, there are a few key indicators that traders should keep an eye on. Full report: https://mail.10xresearch.co/p/bitcoin-ethereum-the-one-indicator-that-is-making-us-nervous
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Unlocking CeDeFi Potential: BounceBit's Innovative Approach
BounceBit is revolutionizing the CeDeFi landscape with its dual-token PoS model, seamlessly bridging traditional finance and decentralized worlds. This platform offers high-yield products, diverse financial applications, and institutional-grade services.
Key Points:
1. CeDeFi Hybrid Model: BounceBit's unique blend of DeFi and CeFi yield mechanisms enables BTC holders to earn yields through native validator staking.
2. Liquidity Custody Tokens (LCTs): Convert CeFi earnings into on-chain liquidity assets, supporting DeFi applications like re-staking and Meme Launchpad.
3. Cross-Chain Interoperability: Enhances liquidity and scalability within CeDeFi, bolstering stability and usability.
4. BounceClub Ecosystem: Creates new user interaction experiences and use cases for $BB.
Future Potential:
BounceBit's CeDeFi infrastructure paves the way for widespread adoption, offering:
1. Secure, stable, and efficient financial environments.
2. Institutional-grade products and services.
3. Innovative yield management and transaction efficiency.
Conclusion:
BounceBit is pioneering CeDeFi innovations, empowering users to access high-yield CeFi and DeFi investment opportunities. Join the revolution!@bounce_bit
$BB
#BBCeDeFi
If Bitcoin dominance continues to rise, reaching or surpassing the current 61% mark, altcoins could see further declines in both value and market share. Here's what could happen:
1. Price Decline for Altcoins: As Bitcoin dominance increases, investors typically shift funds from altcoins to Bitcoin. This can create selling pressure on altcoins, causing their prices to fall against both USD and BTC.
2. Liquidity Shift: Bitcoin often becomes the main focus during periods of high dominance. Traders and institutional investors prioritize Bitcoin for its liquidity and relative stability, which can result in lower liquidity for altcoins, making them more volatile and riskier.
3. Altcoin Innovation Slowdown: When Bitcoin dominance rises, there's often a lull in altcoin investments and development. This can hinder the progress of projects that rely on ongoing funding, potentially stalling innovation in the altcoin space.
4. Market Sentiment Impact: A rising Bitcoin dominance can reflect a market preference for "safer" assets in times of uncertainty. If this trend continues, sentiment may favor Bitcoin over speculative altcoins, reinforcing the cycle and making it challenging for newer or smaller projects to gain traction.
However, this trend doesn't necessarily mean that altcoins are "finished." Historically, when Bitcoin consolidates after a dominance surge, altcoins can recover or rally, especially those with strong fundamentals and active communities. If you're actively trading or investing in altcoins, watching BTC dominance can be a helpful indicator of potential shifts in the crypto market cycle.
$BTC
#TrumpNominatesMuskDOGE #CPIUpdateOctober
Significant USDT Influx Into Exchanges From Tether Treasury
According to Odaily, monitoring data from Lookonchain reveals that a substantial amount of USDT has been transferred from the Tether Treasury to exchanges. Over the past 12 hours, approximately 1.34 billion USDT tokens have made their way into the trading platforms. This movement of funds is noteworthy as it could potentially impact market dynamics and liquidity.
The transfer of such a large volume of USDT, a widely used stablecoin, may influence trading activities and market sentiment. Market participants often monitor these transactions closely, as they can signal shifts in trading strategies or preparations for significant market events. The influx of USDT into exchanges might be interpreted as a precursor to increased trading activity or as a strategic move by traders to capitalize on upcoming market opportunities.
Stablecoins like USDT are crucial in the cryptocurrency ecosystem, providing liquidity and stability. The recent transfer highlights the ongoing importance of stablecoins in facilitating transactions and maintaining market equilibrium. As the situation develops, traders and analysts will likely keep a close eye on any further movements of USDT and their potential implications for the broader cryptocurrency market.
#Write2Earn! $MEME $PNUT #BullRunAhead #KINGSMEN #SOLFutureRise $BTC #cryptomarketcapATH
✅ Bitcoin blasted through the $90,000 resistance level early in the U.S. trading day and then quickly pushed even higher to top $93,000, then the market corrected 🕯
Daily Digest:
🔸 BlackRock is announcing the expansion of its proprietary BUIDL to Aptos, Arbitrum, Avalanche, Optimism and Polygon chains
🔸 FBI has seized the phone and electronics of the CEO of Polymarket 👮
🔸 CZ and Vitalik appeared at devcon Bangkok to watch presentations by DeSci projects
🔸 'Bitcoin strategic reserve unlikely under Trump' says Mike Novogratz 😢
🔸 Canadian police found a body belonging to the 25-year-old crypto influencer Kevin Mirshahi in Montreal park
🔸 Anthropic CEO warns of threats posed by AI in coming years
🔸 Investment giant VanEck launches SUI-based financial product
#HaveYouBinance
Join our chat 🗯
🐳A whale address added 7,389.5 ETH 9 hours ago and accumulated 18,000 ETH in the past 3 days😶🌫️
🦾According to Lookonchain monitoring, a whale address accumulated 7,389.5 ETH (approximately $23.44 million) 9 hours ago, and has accumulated a total of 18,049 ETH (approximately $59.30 million) in the past 3 days🦾
#eth #WeAreAllSatoshi #news
$BONK
{spot}(BONKUSDT)
Moving Averages200-period SMA (15-minute Chart): The current price is above the 200 SMA, which is positioned around 0.00003322. This suggests a bullish trend as long as the price remains above this level. A drop below the SMA could indicate a bearish reversal in the short term.
Relative Strength Index (RSI)
Current RSI (15-minute Chart): Approximately 50.83, which is close to the neutral level, suggesting that there is no strong overbought or oversold condition. This allows room for movement in either direction, depending on momentum.
Moving Average Convergence Divergence (MACD)
MACD Line: 0.00000008Signal Line: 0.00000011Histogram: Slightly positive, indicating weak bullish momentum. The MACD line is close to the signal line, suggesting a neutral to slightly bullish outlook. A crossover could change this direction.
Volume Analysis
Volume: The recent volume shows moderate activity with occasional spikes. Consistent high volume during an uptrend could confirm bullish momentum, while low volume might suggest consolidation.
Support and Resistance LevelsI
mmediate Resistance: The area around 0.00003726, which is currently being tested. A breakout above this level may open up further bullish potential.Local Support: Around 0.00003322, in alignment with the 200 SMA. A break below this support level may indicate a bearish sentiment.Bullish/Bearish Scenarios
Bullish Scenario:
Break Above 0.00003726 Resistance: If the price can push above this resistance level with strong volume, it may signal a continuation of the bullish trend.
Bearish Scenario:
Drop Below 0.00003322 Support: A fall below this level, especially if accompanied by high volume, may suggest a bearish reversal with potential for further declines.
Pepecoin increased by 112% after Robinhood listed Pepe. 🔥⚡
The meme cryptocurrency PEPE surged 112% following Robinhood's announcement on November 13 that it would list the token for U.S. customers. The major trading platform added PEPE alongside the reintroduction of established cryptocurrencies Solana (SOL), Cardano (ADA), and XRP.
The listing on Robinhood, which now offers 19 different cryptocurrencies, provided PEPE with significant mainstream exposure, driving substantial trading volume and price appreciation. The move marks Robinhood's first venture into meme tokens, signaling increased institutional acceptance of more speculative cryptocurrency assets.
Robinhood’s addition of PEPE and restoration of previously delisted tokens signals renewed confidence in the regulatory landscape for crypto trading, following its mid-2023 delistings.
$PEPE #pepe #pepecoin #Robinhood #memecoins
$FLOKI
{spot}(FLOKIUSDT)
Moving Averages200-period SMA (15-minute Chart): The current price is trading above the 200 SMA, positioned around 0.00020352. This is generally a bullish indication as long as the price holds above this level. A dip below the SMA may signal a potential bearish shift in the short term.
Relative Strength Index (RSI)
Current RSI (15-minute Chart): Approximately 51.41, indicating a neutral momentum. The RSI is neither overbought nor oversold, suggesting room for movement in either direction depending on market forces.
Moving Average Convergence Divergence
(MACD)MACD Line: -0.00000015Signal Line: 0.00000189Histogram: Positive, suggesting weak bullish momentum. The MACD line is close to the signal line, indicating a neutral to slightly bullish bias, but a crossover may change this outlook.
Volume AnalysisVolume: Recent trading volumes show moderate activity with some larger spikes. Sustained high volume in an uptrend can confirm bullish momentum, while decreasing volume may suggest consolidation.
Support and Resistance Levels
Immediate Resistance: The area around 0.00023015, which the price is testing. A breakout above this level could signal further bullish movement.Local Support: Around 0.00020352, which aligns with the 200 SMA. A breakdown below this level may indicate bearish sentiment.Bullish/Bearish Scenarios
Bullish Scenario:
Break Above 0.00023015 Resistance: If the price can push above this resistance level with strong volume, it may signal a continuation of the bullish trend.
Bearish Scenario:
Drop Below 0.00020352 Support: A fall below this level, especially if accompanied by high volume, may suggest bearish momentum and further declines.
The coming years look promising for $BTC as we approach the 2024 halving. Historically, Bitcoin’s halving events have preceded significant price surges. Some analysts predict Bitcoin could reach the $100,000 mark or even higher by 2024-2025, supported by increased institutional adoption and global inflation concerns. However, volatility remains a part of Bitcoin's nature, and while these price forecasts are optimistic, investors should be mindful of market dynamics. Overall, Bitcoin’s limited supply and growing mainstream acceptance suggest strong upward potential, though short-term corrections are always possible.
$BTC
$FET
{spot}(FETUSDT)
{future}(FETUSDT)
Moving Averages200-period SMA (4-hour Chart): The price is currently below the 200 SMA, positioned around 1.351. This indicates a bearish sentiment if the price remains below this level. A move above could hint at a potential bullish shift.Relative Strength Index (RSI)Current RSI (4-hour Chart): Approximately 37.09, suggesting weak momentum and leaning towards an oversold condition. This indicates possible room for upward movement if buyers step in.
Moving Average Convergence Divergence (MACD)MACD Line: -0.028Signal Line: -0.019Histogram: Slightly negative, showing weak bearish momentum. The MACD line is below the signal line, which implies that bearish pressure might persist unless there’s a crossover.Volume AnalysisVolume: Recent volume shows moderate trading interest, with occasional spikes. If volume increases in a downtrend, it could reinforce bearish momentum; declining volume may suggest consolidation.
Support and Resistance Levels
Immediate Resistance: Around 1.351 (200 SMA level), which could act as an upward barrier. Breaking above this level may signal a recovery.Local Support: Approximately 1.237, providing a stabilization level. A breakdown below this support may indicate further downside risk.Bullish/Bearish Scenarios
Bullish Scenario:
Break Above 1.351 Resistance: If the price moves above this level with high volume, it may signal a bullish continuation.
Bearish Scenario:
Drop Below 1.237 Support: If the price fails to hold above this support, bearish momentum may grow, potentially leading to further declines.
$CRV /USDT Trade Alert: Key Levels Ahead!
$CRV is currently trading at 0.3068, showing strong momentum after a bullish push. However, a minor pullback indicates potential market indecision.
💡 Long Entry: Above 0.3257
🎯 Targets: 0.3400, 0.3550, 0.3700
🔻 Stop Loss: 0.3000
💡 Short Entry: Below 0.3000
🎯 Targets: 0.2900, 0.2800, 0.2700
🔻 Stop Loss: 0.3250
Market Next Move: A breakout above resistance signals a bullish run, while failure to hold 0.3000 could turn bearish. Watch closely!
{spot}(CRVUSDT)
#Devcon2024 #TrumpNominatesMuskDOGE #CPIUpdateOctober #USInflationAboveTarget #SOLFutureRise
$ENA
{spot}(ENAUSDT)
{future}(ENAUSDT)
Moving Averages200-period SMA (15m Chart): The current price is close to the 200 SMA, positioned around 0.5852. If the price stays below this level, it could indicate a potential bearish shift, while a sustained move above might support bullish sentiment in the short term.
Relative Strength Index (RSI)Current
RSI (15m Chart): Approximately 45.34, showing weak momentum and leaning towards a slightly bearish bias. The RSI is not in oversold or overbought territory, indicating there could be room for movement in either direction.
Moving Average Convergence Divergence (MACD)MACD Line: -0.0008Signal Line: -0.0010Histogram: Slightly negative, indicating weak bearish momentum. The MACD line is below the signal line, suggesting that bearish pressure may persist unless there’s a crossover.
Support and Resistance Levels
Immediate Resistance: Around 0.5852 (200 SMA level), which could act as a barrier to upward movement. A break above this level may signal a potential recovery.Local Support: Around 0.5700, providing a nearby stabilization level. A drop below this support may signal further downside risks.
Bullish/Bearish Scenarios
Bullish Scenario:
Break Above 0.5852 Resistance: If the price can move above this level with strong volume, it could signal a bullish trend continuation.
Bearish Scenario:
Drop Below 0.5700 Support: If the price fails to hold above this support, bearish momentum may increase, potentially leading to further declines.