🚨$SHIB /USDT TECHNICAL ANALYSIS: BEARISH MOMENTUM IN PLAY ...
🚨 $SHIB /USDT is currently experiencing a 4.23% decline, trading at 0.00001836, following a recent high of 0.00001951. This pullback indicates a notable shift in sentiment as sellers gain control. The price is approaching its 24-hour low of 0.00001819, which is a critical support level. A break below this level could trigger further bearish action and open the door for additional downside movement. However, if SHIB can hold above 0.00001819, it may find support for a potential rebound. Traders should keep a close eye on this hot coin for any signs of reversal or continued downward pressure to identify profitable trading opportunities.
#shiba⚡ #SHIBAUSDT #AltcoinsAreBack #DogeArmyComeBack #NovemberMarketAnalysis
Elon Musk Like on X (Twitter) account !
The $Peanut meme coin has gained nearly 70x in value, reaching a market cap of $18 million, following support from Elon Musk's X (formerly Twitter) account. This rapid rise reflects the impact of celebrity endorsements on meme coins, as seen with tokens like Dogecoin and Shiba Inu.
It wouldn't be a surprise if it gets listed on all exchanges soon..
#peanut #memecoin
The $Peanut coin is inspired by the story of a rescued squirrel named Peanut, who became an internet sensation before being tragically euthanized after being seized by New York authorities. Despite the pain, the coin's success underscores how viral social media moments combining cryptocurrency trends with animal rights advocacy can generate significant traction and growth in the crypto space.
$MEME
X : OGpeanut_sol
#Dyor2024 #NFA✅
ZEN/USDT Price Analysis: Testing Resistance and Bullish Momentum
$ZEN
{spot}(ZENUSDT)
{future}(ZENUSDT)
Moving AveragesThe 200-period Simple Moving Average (SMA) on the 1-hour chart is currently around 7.53.ZEN/USDT has recently risen above this SMA, which could indicate a short-term bullish trend. Staying above this level may support continued upward momentum.
Relative Strength Index (RSI)The RSI is at 58.91, which is below the overbought level and indicates moderate bullish momentum.This suggests there is room for further upside before potentially facing overbought conditions, supporting a continuation of the current trend.
Moving Average Convergence Divergence (MACD)The MACD line is at 0.14, while the Signal line is at 0.00, showing a bullish crossover.Positive histogram bars support the bullish sentiment, with further expansion likely to reinforce upward momentum.
Support and Resistance Levels
Immediate Resistance: 8.00 - 8.50 – a key resistance area; a breakout above this could indicate further upside potential.Local Support: 7.53 (200-period SMA) – serves as a nearby support level that could stabilize the price if a pullback occurs.
Key Support: 7.00 – a lower support level that may act as a base if the price experiences a broader correction.
Bullish/Bearish Scenarios
Bullish Scenario: A breakout above 8.50 would indicate strong bullish momentum, potentially leading to gains with a target around 9.00.Bearish Scenario: If ZEN/USDT is rejected at 8.50 and falls below the 200-period SMA, a decline toward 7.00 could be anticipated.
Disclaimer
This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research before making any trading decisions.
IOTA/USDT Chart Analysis: Rising Momentum Near Key Resistance Zone
$IOTA
{spot}(IOTAUSDT)
{future}(IOTAUSDT)
Moving AveragesThe 200-period Simple Moving Average (SMA) on the 4-hour chart is currently at 0.1244.IOTA/USDT is trading below this SMA, which may indicate a bearish trend; however, recent momentum towards the SMA level suggests a potential breakout if price sustains upward pressure.
Relative Strength Index (RSI)The RSI is at 64.86, which is below the overbought level, indicating moderate bullish momentum.This level implies that the price has room for further upside before facing potential overbought conditions.
Moving Average Convergence Divergence (MACD)The MACD line is at 0.0024 while the Signal line is at 0.0011, showing a bullish crossover.Positive histogram bars indicate strengthening bullish sentiment, with potential for further expansion supporting an upward trend.
Support and Resistance Levels
Immediate Resistance: 0.1240 - 0.1300 – a key resistance zone; breaking above this could open up further upside potential.Local Support: 0.1100 – serves as nearby support, offering stability if the price experiences a pullback.Key Support: 0.0950 – a lower support level that could act as a base if the price faces a larger correction.
Bullish/Bearish Scenarios
Bullish Scenario: A breakout above 0.1300 would indicate strong bullish momentum, potentially leading to gains targeting 0.1400 or higher.Bearish Scenario: If IOTA/USDT is rejected at 0.1300 and falls below 0.1100, a decline toward 0.0950 could be expected.
Disclaimer
This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research before making any trading decisions.
Spot Bitcoin ETFs in the U.S. saw a massive $621.9M inflow on Nov. 6 as Bitcoin hit a record $76K! 🚀 Fidelity's FBTC led with $308.77M, while ARK 21Shares, Grayscale, and Bitwise followed suit. However, BlackRock's iShares Bitcoin Trust faced $69.11M outflows, despite IBIT's record $4.1B trading volume. This surge coincides with Trump's pro-crypto election win, sparking bullish sentiments. 💡 What are your thoughts on the impact of political shifts on crypto markets? Share below!
🚀 $HMSTR
{spot}(HMSTRUSDT)
/USDT Technical Analysis
The HMSTR/USDT pair has been on a solid uptrend, with the price currently at $0.002646, reflecting a +1.89% increase in the past 24 hours. Let’s break down the key levels and targets to watch for!
📊 Current Price: $0.002646
📈 24h High: $0.002778
📉 24h Low: $0.002488
💹 SAR(0.02, 0.2): $0.002621
🎯 Target 1: $0.002777
This level aligns with the 24h high and presents an immediate resistance point. If the price breaks above this mark, we could see further bullish momentum.
🎯 Target 2: $0.002900
A strong psychological level just above, near $0.002900, could trigger increased buying interest. This is a significant target for those looking for medium-term gains.
🎯 Target 3: $0.003050
For the long-term traders, $0.003050 is the next major resistance that could be tested. This level would indicate a strong continuation of the upward trend, driven by market optimism.
💥 Key Points to Watch:
Support Level: $0.002488 (24h Low)
Resistance Level: $0.002777 (24h High)
SAR Indicator: $0.002621 suggests a short-term support level.
#DogeArmyComeBack #Trump47thPresident #ElectionNightBTCGuess #NovemberMarketAnalysis #AltcoinsAreBack
$HIGH : Act Now! Three consecutive days of gains, a 20% increase, and a clear upward trend on the daily chart. Historically, this pattern precedes a significant price surge. Recall UXLINK's impressive 2x gain when Bitcoin dropped for six days, yet UXLINK rose steadily against the trend. While predicting this breakout, many missed the long opportunity. UXLINK has since doubled in value over two days. Don't miss this chance! The current price of $HIGH is 1.25. Act immediately to go long.
{future}(HIGHUSDT)
{spot}(HIGHUSDT)
Three dormant Ethereum addresses emerged from a multi-year hibernation to sell large amounts of ETH following the recent spike in the price of ETH.
This week, the crypto market has witnessed many interesting developments. Topping the list is the emergence of more than 200 pro-crypto candidates for various public offices in the United States, including the presidency.
This remarkable feat led to a jaw-dropping surge in crypto prices, such as Bitcoin (BTC) and Ethereum (ETH). Although ETH did not register a new all-time high (ATH) like BTC, the second-biggest cryptocurrency rose to nearly $2,900.
#Ethereum #Crypto #CryptoNewsCommunity #CryptoNews🚀🔥V #CryptoNewsUSA
🚀 $SSV
{spot}(SSVUSDT)
/USDT Technical Analysis 🚀
📊 Price: $20.12 (+8.00%)
As SSV/USDT continues to show positive momentum, let’s dive into the technical outlook and key targets for the pair.
1. Target 1: $21.60
24h High reached $21.60, showcasing bullish strength. A successful breakout above this level could signal further gains. 🚀
2. Target 2: $17.85
24h Low stands at $17.85, serving as a strong support zone. This level is crucial for the bulls to hold as it could set the stage for a bounce back.
3. Target 3: $16.37 (SAR Indicator)
The SAR value of 16.37 is providing a potential support zone. A retracement here could lead to an opportunity for buyers to step in. 🔥
💥 Trend Overview:
The current chart shows a +8% increase, but the recent 4h chart indicates a decline of -16.26%. It’s essential to watch for reversals at these levels.
Key Points:
Volume: 673,171.40 SSV
High volatility means traders should be cautious, but with these targets, there are strategic opportunities!
#SOLFutureRise #DogeArmyComeBack #Trump47thPresident #ElectionNightBTCGuess #NovemberMarketAnalysis
🚀 $MKR
{spot}(MKRUSDT)
/USDT Technical Analysis on Binance - 3 Key Targets 🎯
MKR/USDT has shown impressive movement, with a +15.03% increase recently. Let’s dive into the key technical levels and targets that traders should watch closely.
📈 Current Price: $1,431
📊 24h High: $1,471
📉 24h Low: $1,235
🔍 Key Levels to Watch:
1️⃣ First Target: $1,471
This marks the recent high and is a significant resistance level. A breakout above $1,471 could indicate further bullish momentum, driving the price higher.
2️⃣ Second Target: $1,333
A retracement to this level would be a healthy pullback, aligning with Fibonacci support and market depth indicators. If MKR/USDT holds here, it could bounce back towards the resistance.
3️⃣ Third Target: $1,235
The 24h low serves as a critical support zone. If price action falls to this level, it could trigger buying pressure, with the potential for a reversal back towards the higher targets.
⚖️ Technical Insights:
SAR (Stop and Reverse): 1,133
Depth: 15.84%
The market shows strong upward momentum but be mindful of fluctuations in market depth. A drop in depth (-10.60%) could lead to temporary retracements.
Next Steps for Traders:
Watch for price action around the key levels.
Keep an eye on volume trends and market depth for signs of further consolidation or a breakout.
#SOLFutureRise #Trump47thPresident #ElectionNightBTCGuess #NovemberMarketAnalysis #AltcoinsAreBack
🎉 Crypto markets are buzzing post-election! Spot Ether ETFs in the US saw their highest inflows in six weeks, with $52.3M pouring in on Nov. 6. Fidelity's Ethereum Fund led the charge with $26.9M, while Grayscale's Mini Trust followed closely. Meanwhile, Bitcoin ETFs flexed their muscles with a hefty $621.9M inflow, reversing a recent outflow trend. Fidelity's Bitcoin Fund snagged a massive $308.8M, its biggest since June. As Bitcoin hit a new high above $76K and Ether surged 10%, the crypto market cap soared to $2.64 trillion. 🚀
🎉 Crypto enthusiasts, rejoice! Spot Ether ETFs in the US are seeing a surge, with a $52.3M inflow on Nov. 6, marking the highest in six weeks. While BlackRock’s iShares Ethereum Trust stayed flat, Fidelity’s Ethereum Fund led the charge with $26.9M. Meanwhile, Bitcoin ETFs are stealing the spotlight with a whopping $622M inflow, reversing a recent outflow trend. 🚀
Bitcoin hit a new all-time high above $76,000, while Ether woke up with a 10% jump to $2,872. What’s your take on these crypto comebacks? Share your thoughts in the comments!
🚀 Crypto Buzz: Rollblock's Big Moves! 🚀
- Rollblock (RBLK) is nearing a $5M investment milestone, attracting Solana and Ripple holders with its potential to revolutionize online gaming. With over 20,000 early adopters, Rollblock is set to shake up the $450B gambling industry by ensuring bet transparency through blockchain.
- Solana shines in DeFi, despite recent dips, with Raydium boosting its on-chain activity. Meanwhile, Ripple faces scrutiny after a massive token sale, stirring community concerns.
Join the conversation! What are your thoughts on Rollblock's impact? 💬
Spot Ether ETFs in the US have seen a surge in inflows, hitting $52.3 million on November 6, the highest since late September. This comes as crypto markets rallied post-US presidential election. Despite BlackRock’s iShares Ethereum Trust showing no inflow, Fidelity's Ethereum Fund led with $26.9 million, followed by Grayscale's Ethereum Mini Trust at $25.4 million. Meanwhile, spot Bitcoin ETFs outperformed with $621.9 million in inflows, led by Fidelity's Wise Origin Bitcoin Fund. Crypto markets rose 4%, with Bitcoin reaching a new high above $76,000 and Ether climbing 10% to $2,872.
🚀 $XRP
{spot}(XRPUSDT)
/USDT Technical Analysis - Key Levels to Watch 🎯
XRP has been showing solid movement recently, with a 3.60% increase in the past 24 hours. Here's a breakdown of the current trend and potential targets:
🔹 Current Price: $0.5577
🔹 24h High: $0.5785
🔹 24h Low: $0.5264
Looking at the technicals, we can pinpoint three key targets for traders to watch:
🎯 Target 1: $0.5785 (Resistance Zone)
The 24h high of $0.5785 marks a strong resistance level. A break above this price could signal a bullish continuation, pushing XRP towards higher levels.
🎯 Target 2: $0.5079 (SAR Support)
The SAR (Stop and Reverse) indicator has marked a support level at $0.5079. If the price dips, this level could provide a solid foundation for a potential reversal.
🎯 Target 3: $0.6000 (Psychological Level)
A move past the immediate resistance could take XRP to the $0.6000 mark, a key psychological level. This could fuel further upward momentum as market sentiment shifts.
Trading Data:
24h Volume (XRP): 435.29M
24h Volume (USDT): 236.59M
SAR: 0.5079
#SOLFutureRise #DogeArmyComeBack #Trump47thPresident #ElectionNightBTCGuess #NovemberMarketAnalysis
If you're still holding out for $BTC to drop to $35k or $45k, it might be wise to reconsider your strategy. At this stage, even an amateur could identify the upward trend. Don’t get caught in the trap of wishful thinking and miss out. This could be one of the last opportunities to grab BTC at these comparatively low levels before it surges with full force.
Bitcoin has now broken past its previous peak, entering a new era of price discovery. Nearly every signal shows heightened risk in the market, so I’m avoiding any leveraged trading for the time being. However, if there is a pullback from these current price levels, it would present a prime buying opportunity for a long-term position. It’s doubtful that prices will fall below the $62k-$63k range.
With the U.S. election victory of Trump, UK pension funds beginning to allocate to Bitcoin, a potential rate cut in the upcoming FOMC meeting, record-breaking global liquidity, and overall positive market sentiment, are you still holding out for $35k? It's time to be practical—Bitcoin is on the verge of its next major phase.
Share your thoughts below. Don’t forget to like, share, and follow..
#Trump47thPresident #NovemberMarketAnalysis #AltcoinsAreBack #OctoberCryptoFundingSurge