📊Dogecoin (DOGE) Struggles to Break Resistance: Will a Major Rally Happen Soon?
This week, Dogecoin (DOGE), the largest meme coin by market capitalization, showed significant bullish activity, gaining notable momentum. However, despite the optimism, DOGE bulls couldn’t push beyond the previously highlighted $0.13 resistance level. Multiple attempts to close above $0.105 have been unsuccessful, as the meme coin once again faces downward pressure due to negative Bitcoin (BTC) price fluctuations.
The broader crypto market volatility, especially Bitcoin’s struggles, continues to drag DOGE along with other altcoins, limiting its ability to achieve a stronger breakout. This trend underscores how much DOGE is still influenced by Bitcoin’s price movement, as BTC sets the tone for altcoins, particularly meme coins like DOGE.
Key Support and Resistance Levels to Watch
Currently, the critical support level for DOGE lies at $0.113. As long as this support holds, there’s room for the bulls to regroup and potentially launch another attempt at breaking the $0.13 resistance. If the upward momentum regains strength, a successful breach could see DOGE testing new highs, bringing the $0.18 to $0.23 range into play.
However, if selling pressure intensifies, DOGE could lose its current support and revisit $0.105. This would mark a significant retracement, signaling further downside risk for the meme coin, especially if Bitcoin’s performance remains weak.
What’s Next for DOGE?
In the coming days, DOGE traders will be closely monitoring BTC’s movements, as well as DOGE’s ability to hold above $0.113. A sustained bounce could reignite a fresh wave of buying, but a break below this level would put the meme coin in a more vulnerable position, potentially paving the way for a deeper correction.
$DOGE
{spot}(DOGEUSDT)
#TeslaTransferBTC #MemeCoinTrending #USRetailSalesBoost #BinanceLabsInvestsLombard #BTCSoarsTo68K
📊LUNA Coin Struggles Against Key Resistance: Is a Major Drop on the Horizon?
After climbing from a $0.339 base, LUNA Coin has hit a strong resistance level at $0.387, signaling potential trouble ahead. While we’ve previously covered the long-term risks surrounding LUNA, it’s crucial to focus on current price movements. If the coin closes below $0.349, attention could quickly shift to the critical support level of $0.304, raising alarms about a deeper decline in the near future.
Looming Challenges Threaten LUNA’s Future!
LUNA faces an uphill battle with increasing competition, the aftermath of Terraform Labs’ bankruptcy, and mounting issues plaguing its ecosystem. These factors are seriously damaging medium- and long-term growth expectations, casting doubt over the coin’s recovery prospects.
$LUNA
{spot}(LUNAUSDT)
#MemeCoinTrending #TeslaTransferBTC #USRetailSalesBoost #BinanceLabsInvestsLombard #BTCSoarsTo68K
Shiba Inu has garnered attention due to developments in its ecosystem, such as the launch of Shibarium, a layer-2 solution aimed at improving transaction speeds and reducing costs.There have been discussions about its potential use in various applications, including decentralized finance (DeFi) and NFTs….!
Risks: Investing in cryptocurrencies carries risks, including market volatility, potential loss of funds, and regulatory changes.! Invest what u can afford to loss #shiba⚡ #MemeCoinTrending $SHIB
{spot}(SHIBUSDT)
Ondo Finance Faces Bearish Sentiment Amid Market Downturn
Ondo Finance has experienced a significant decline, with its price dropping by 3.23% against the US Dollar in the last 24 hours, underperforming the broader cryptocurrency market, which saw a 3.48% decrease. The coin also recorded losses against Bitcoin and Ethereum, falling by 2.10% and 2.57%, respectively.
Despite a 15.15% gain over the past month and a 212.81% increase since last year, the medium-term trend remains bearish, with a 34.28% decline over the last three months. The Fear & Greed index currently reads "Greed" at 71, indicating potential overvaluation.
Technical analysis reveals a predominantly bearish outlook, with 18 indicators signaling a negative forecast. Key support levels are at $0.718415, $0.707680, and $0.691749, while resistance levels are at $0.745081, $0.761012, and $0.771746. The Relative Strength Index (RSI 14) stands at a neutral 52.01.
In conclusion, despite short-term optimism, the overall sentiment for Ondo Finance remains bearish, warranting cautious monitoring of market conditions and key technical indicators.
🌟🚀 TOP NEW LISTINGS PRIMED FOR A MOVE! 🚀🌟
Heads up, traders! Tomorrow could be a game-changer for these newly listed tokens! 🤑 The market’s cooling off today, but these small dips might just be your golden ticket to massive gains! Here’s a rundown of the hottest new listings, all primed to bounce:
💥 $BNSOL (Last Price: $150.40)
⚠️ Down 3.03%, but don’t sleep on it—this price is looking ripe for a rebound. Watch for a breakout that could send it soaring!
💥 $EIGEN (Last Price: $3.15)
📉 -4.39% today, but consolidation is often a prelude to big moves. Momentum could be building for a bullish run!
💥 HMSTR (Last Price: $0.003723)
📉 Down 5.48%, but these low-priced assets can explode overnight. A perfect spot for accumulation if it breaks key resistance!
💥 $CATI (Last Price: $0.4090)
📉 -1.54% and sitting at a key support level. Watch closely for the bounce that could turn this minor pullback into a profit-making opportunity!
💥 1MBABYDOGE (Last Price: $0.0028352)
📉 Down 0.87%, but this meme coin is gearing up. Once the market moves, expect a rush!
💥 NEIRO (Last Price: $0.00185471)
📉 Currently down 7.27%, a pullback this deep could mean it’s ready to roar back strong. Don’t miss out!
💥 TURBO (Last Price: $0.010069)
📉 Only down 3.63%—this could be the calm before a major upswing. Keep an eye out!
💥 POL (Last Price: $0.3642)
📉 A slight dip at 1.51%—could be the time to get in before a bullish reversal.
💥 EURI (Last Price: $1.0837)
📉 A modest drop of 0.22%. Steady moves, but any sign of strength could push this one higher fast!
🔮 THE PLAY?
These listings are flashing prime buy signals after today’s corrections. Tomorrow, we could witness sharp reversals as traders jump on these entry points. The savvy investor will get in early, ride the bullish wave, and lock in profits as the market turns!
Don’t wait too long—sometimes the best opportunities come wrapped in a little red! Happy trading! 🤑🚀 #BNBRisesTo600 #BTCSoarsTo68K #BinanceLabsInvestsLombard
📊Floki memeCoin chart Analysis
Floki Coin experienced an 8% rise following the increase in Bitcoin’s price, moving from $0.0001546 before retracing back to the $0.0001396 support level. The volatility in Bitcoin continues to impact the altcoin market, exerting downward pressure on Floki Coin. If the sell-off persists, the price may drop further, potentially testing the next support at $0.0001326.
Key Levels:
• Support: The key support level currently stands at $0.0001396, with a potential drop to $0.0001326 if selling pressure intensifies.
• Resistance: If the price manages to hold above $0.0001464, there could be a recovery towards the recent high at $0.0001546 and a potential test of the resistance level at $0.0001586.
Market Sentiment:
Investors have been cautious due to increased risk aversion over the last two quarters, leading to rapid sell-offs whenever key levels are breached. This cautious approach comes in response to the extended period of market stagnation and uncertainty, which has heightened concerns about further declines.
$FLOKI
{spot}(FLOKIUSDT)
#MemeCoinTrending #USRetailSalesBoost #TeslaTransferBTC #BinanceLabsInvestsLombard #BTCSoarsTo68K
🚨 Breaking News: The FBI has nabbed 25-year-old hacker Eric Council Jr. for hacking the SEC's X account in Jan 2024! 🚀 He posted a fake tweet claiming Bitcoin ETFs were approved, causing Bitcoin to skyrocket by $1,000 before crashing back down after the SEC clarified.
🔒 The hack was executed via a SIM swap, bypassing two-factor authentication. This incident highlights the crypto market's sensitivity to news and tweets.
📉 Ironically, the SEC approved Bitcoin ETFs the next day, but the damage was done. Council Jr. faces charges for identity theft and fraud, and the FBI is on the hunt for more conspirators. #Crypto #Bitcoin #SEC
🚨 Breaking News: The SEC Gets Hacked, Bitcoin Takes a Wild Ride 🎢
In a plot twist straight out of a cyber-thriller, the FBI nabbed 25-year-old hacker Eric Council Jr. for hacking the SEC’s X account in January 2024. The young cyber-criminal posted a fake tweet claiming the SEC had approved Bitcoin ETFs, causing Bitcoin’s price to skyrocket by $1,000. 🌕💸
But hold your horses! 🐴 The SEC quickly clarified the misinformation, and Bitcoin’s price plummeted by $2,000, leaving traders with whiplash. This fiasco underscores the crypto market’s vulnerability to fake news and tweets.
Adding irony to injury, the SEC approved real Bitcoin ETFs just a day later. 🤦♂️ The FBI’s investigation revealed Council Jr. was paid in Bitcoin for his misdeeds, highlighting the ongoing battle between regulators and cybercriminals.
Stay tuned, folks. The crypto world is a rollercoaster, and we’re all just along for the ride. 🎢
**FBI Arrests Hacker for Manipulating Bitcoin Prices Through SEC Account Hack**
The FBI has arrested 25-year-old Eric Council Jr. for hacking the Securities and Exchange Commission’s (SEC) X account in January 2024. Council Jr. was involved in a scheme that posted a fake message claiming the SEC had approved Bitcoin exchange-traded funds (ETFs), causing Bitcoin’s price to surge by over $1,000. The SEC quickly clarified that no such approval had occurred, leading to a dramatic price drop.
**SIM Swap Attack on SEC**
The hack was executed through a SIM swap, allowing Council Jr. and his team to bypass two-factor authentication and gain control of the SEC’s account. They posted the fake Bitcoin ETF approval, causing temporary market chaos.
**Market Reaction to Fake Tweet**
The fake tweet led to a $1,000 spike in Bitcoin’s price, which plummeted by $2,000 after the SEC corrected the misinformation. This incident underscores the crypto market's sensitivity to news and tweets.
**SEC’s Actual Bitcoin ETF Approval**
Ironically, the SEC approved several Bitcoin ETFs a day after the fake post. However, the damage from the fraudulent tweet had already impacted investor decisions.
**FBI Investigation**
The FBI discovered that Council Jr. received Bitcoin payments for his role in the hack. He faces charges of identity theft and fraud, highlighting the ongoing battle between regulators and cybercriminals in the crypto space. The FBI continues to pursue other conspirators involved.
🚀 **Italy's Crypto Tax Hike: What’s the Buzz?** 🚀
Italy is shaking things up in the crypto world! 🇮🇹 The government plans to raise the capital gains tax on Bitcoin from 26% to a whopping 42%. Deputy Finance Minister Maurizio Leo announced this during a news conference at Palazzo Chigi on October 16, citing Bitcoin's growing popularity as the reason behind the move.
This decision has sparked quite a backlash from investors and industry advocates, who argue that such a high tax rate could drive away innovation and investment. Critics say the move is short-sighted and could push crypto enthusiasts to friendlier jurisdictions.
Meanwhile, the UAE is taking the opposite approach by exempting digital asset transactions from its 5% VAT, aiming to become a crypto haven. 🌍
Stay tuned, Bitcoiners! The crypto landscape is ever-evolving. 🚀
$DIA
{spot}(DIAUSDT)
$DIA is currently experiencing a significant surge, trading at $1.04 with an impressive 39.34% gain. This rapid price increase indicates strong bullish momentum and heightened market interest.
Key levels to watch:
Support: $0.90, $0.80
Resistance: $1.10, $1.26 (recent high)
The current price action shows DIA breaking through several resistance levels in a short time frame. The token's ability to maintain prices above $1.00 is crucial for continued upward momentum.
Short-term outlook:
If buying pressure continues, DIA could test the recent high of $1.26.
A pullback to $0.90-$0.95 wouldn't be surprising after such a sharp rise and could present a buying opportunity for those who missed the initial surge.
Volume analysis is critical here. High volume supporting this price increase would validate the move, while declining volume might signal a potential reversal.
{future}(DIAUSDT)
#NeiroOnBinance #KryptoAlchemy
#MemeCoinTrending #Write2Earn! #BTCUptober
Worldcoin announces rebranding as "World" and introduces a faster Orb for identity verification
#Worldcoin rebrands as "World" and unveils an upgraded, faster version of its iris-scanning device, the Orb. The Orb 2.0 is designed to be quicker to build and operate, incorporating enhanced chips and open-source code.
Additionally, #World aims to speed up the adoption of its World ID system by allowing onboarding with government IDs. While less reliable than the Orb in confirming humanity, additional checks help prevent deepfakes. A new feature, World ID Deep Faces, will let users verify online identities to ensure they're not interacting with deepfakes, as long as the person has a World ID.
👉 x.com/worldcoin/status/1846962270233940001