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$FTM breakout 🚀🚀🚀🚀🚀🚀 $FTM
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#SCAM ⚡️#FRIENDTECH the once-popular Web3 social network, has been shut down after its developers relinquished control over its smart contracts. A revival of the platform appears unlikely as the contract ownership revocation hinders any potential takeover by a new team. Crypto platform Friend. tech sees its token plummet 26% after the team transferred the admin and ownership of its smart contracts to Ethereum's null address, permanently relinquishing any control over them, once big, the project is over 🪦 🚨🚨🚨Machi Big Brother spent ~5.2K $ETH 💰 ($16.7M) to buy 11.1M $FRIEND, now worth only $0.7M! He lost $16M on $FRIEND! ALWAYS DO YOUR RESEACH BEFORE INVESTING
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🪙 Bitcoin Dominance Slips to 53%: Time to Bet on Altcoins? 🥇 Bitcoin's Struggles Continue Bitcoin [BTC] has been facing a tough time, with its price struggling below $60k. But it's not just the price that's causing concern; BTC's dominance in the market is also slipping. 🔶 A Declining Trend Data from CoinStats shows that Bitcoin dominance has been on a downward trend, currently sitting at 53%. This drop is significant and could indicate a shift towards altcoins. ☄️ A Warning from the Charts Crypto analyst Sensei points out that BTC's dominance has fallen below a crucial support level, hinting at further price drops. The Relative Strength Index (RSI) also paints a bearish picture. 🐻 Bearish or Bullish? While this may seem bearish, history tells us a different story. A similar decline in BTC's RSI last year marked the market bottom and led to a bull rally. 💡 Market Bottom in Sight? Glassnode's data suggests that BTC's possible market bottom was around $63k, well above the current price of $54,706.58. This could mean that further downside is limited. ⬆️ A Marginal Recovery After a week of correction, Bitcoin managed to push its price up slightly in the last 24 hours. This could be a positive sign for investors. ➡️ In conclusion, while Bitcoin's dominance is slipping and there are warning signs on the charts, the possibility of a further price drop may be limited. It might be time to consider diversifying into altcoins, but as always, do your research before making any investment decisions. $BTC
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📈$FET (4H) Analysis: FET is showing a promising long scalp setup! After breaking out from a descending triangle and retesting, it seems like a prime time to buy. With an entry range of $1.12-$1.15, the current price level is attractive for a potential move. Price Targets: First target is $1.24, followed by $1.31, $1.39, and $1.51. To manage risk, set a stop loss at $1. Confidence is high for this trade! 🚀 $FET #CPI_BTC_Watch #TON #DOGSONBINANCE #DYOR
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📈$TON (4H) Analysis: Is TONUSDT on the brink of a major move? The support zone at $5.017 is a critical point as TON breaks out of a descending channel. If the price sustains momentum at this support, we can expect a potential bullish move. Keep an eye out for a strong bullish engulfing candle, indicating upward momentum. Price Targets: Immediate resistance lies at around $5.20. If this level is broken, the next internal resistance is at $6.00, with a strong resistance zone at $6.80 to $7.00. Conversely, if the price falls below $5.00, the bullish outlook might be invalidated, potentially leading to lower demand zones. Stay tuned for potential momentum shifts! $TON #BNBChainMemecoins #DYOR
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