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SHIB – brief price analysis by CoinTelegraph Shiba Inu (SHIB) surged above the symmetrical triangle pattern on May 27, indicating that the uncertainty resolved in favor of the bulls. The 20-day EMA ($0.000025) has started to turn up, and the RSI is in the positive territory, signaling that the bulls have the upper hand. There is a minor resistance at $0.000030, but it is likely to be crossed. The SHIB/USDT pair may then climb to $0.000033. If the price turns down from the current level, it is likely to find support at the moving averages. The bears will have to pull the price below the support line to start a decline toward the 78.6% retracement level of $0.000017. #Megadrop #EarnFreeCrypto2024 #altcoins #BinanceLaunchpool #shib $SHIB

SHIB – brief price analysis by CoinTelegraph

Shiba Inu (SHIB) surged above the symmetrical triangle pattern on May 27, indicating that the uncertainty resolved in favor of the bulls.

The 20-day EMA ($0.000025) has started to turn up, and the RSI is in the positive territory, signaling that the bulls have the upper hand. There is a minor resistance at $0.000030, but it is likely to be crossed. The SHIB/USDT pair may then climb to $0.000033.

If the price turns down from the current level, it is likely to find support at the moving averages. The bears will have to pull the price below the support line to start a decline toward the 78.6% retracement level of $0.000017.

#Megadrop #EarnFreeCrypto2024 #altcoins #BinanceLaunchpool #shib

$SHIB

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Solana (SOL) price analysis The bulls have successfully held Solana above the breakout level of $162 but have been unable to start a strong recovery. Failure to move higher will encourage the bears to tug the price below $162. If they manage to do that, the SOL/USDT pair could tumble toward $140 and subsequently to critical support near $116. Alternatively, if the price moves up from the current level, the SOL/USDT pair could reach $189. The bears will try to stall the relief rally at $189, but the level is likely to be crossed. The pair may then reach the formidable barrier at $205. #Megadrop #EarnFreeCrypto2024 #altcoins #BinanceLaunchpool #SolanaUSTD $SOL
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FLOKI tumbles down – what's next? (note: the post contains data by CoinPedia) FLOKI price appeared to have followed the PEPE price rally very closely, as the token also marked new highs during the recent upswing. Since then, the levels have been draining and have entered back within the range. This indicates the consolidation may continue for some more time before the final breakout. After the latest pullback, the FLOKI price appears to be following a parabolic curve and reaching the neckline of the consolidation. The RSI is also ranging along the lower trend line and is currently testing this range. If the RSI breaks below these levels, the price is also expected to break the curve and test the lower trend line. This could cause another 10% pullback, which may further attract significant buying volume to initiate a fresh upswing ahead.  #Megadrop #EarnFreeCrypto2024 #altcoins #BinanceLaunchpool #floki $FLOKI
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Bitcoin is set for a new ATH? – brief price analysis by BlockchainReporter Bitcoin price failed to hold its momentum around the $70K mark, resulting in a steep decline below its Fib channels. However, BTC rebounded from the 100-day EMA, priced at $67,291, and climbed past the $68.3K mark, suggesting that the bulls are consolidating their position. As of writing, BTC price trades at $67,902, declining over 0.9% in the last 24 hours. The BTC/USDT trading pair appears poised for a potential rally toward the significant resistance level at $71,000. At this point, it is anticipated that the bears will vigorously contest this level. A breach here could send the pair toward $74K, and possibly extend gains to a new ATH. Conversely, if the price sharply declines from this resistance and falls below the moving averages, it would indicate that the trading pair might oscillate around the ascending support channel. #btc70k #Megadrop #BinanceLaunchpool #EarnFreeCrypto2024 $BTC
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Pepe (PEPE) Price Dumps Over 11%. Is there a chance for recovery? – CoinPedia overview As the total cryptocurrency market cap slipped 2 percent to about $2.5 trillion on Thursday, the frog-themed meme coin, Pepe (PEPE), continued with the recent correction in the past 24 hours. According to the latest crypto oracles, Pepe’s price has dropped more than 20 percent in the past three days, and it traded around $0.0000135 on Thursday during the mid-London session. The mid-cap meme coin, with a fully diluted valuation (FDV) of about $5.6 billion and a daily average traded volume of around $1.5 billion, is still a favorite among most crypto investors.  Moreover, Pepe’s price has rallied more than 1,000 percent year-to-date (YTD) and enjoys deep liquidity on several exchanges and DeFi protocols. After an impressive performance YTD, Pepe whale holders have been identified as taking profits on different crypto exchanges. Furthermore, a market pullback was inevitable on Pepe after outshining Bitcoin and other altcoins in recent months. Additionally, early Pepe investors are distributing their profits to other potentially bullish meme coins since the crypto bull run is still in the early stages.  According to an on-chain data analysis by Lookonchain, a crypto investor deposited over 660 billion pepes, worth over $9.5 million, into Binance. Interestingly, the crypto investor profited about 52 percent after holding for the past month. From a technical standpoint, Pepe’s price could continue to drop in the coming days, especially if Bitcoin bulls fail to defend the support level around $67k. Pepe’s weekly Relative Strength Index (RSI) has already slipped below the 70 level, indicating the bullish sentiment is gradually fading away. However, if the buyers defend the current support level, Pepe’s price could easily rally to a new all-time high. #Megadrop #EarnFreeCrypto2024 #altcoins #BinanceLaunchpool #pepe⚡ $PEPE
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Notcoin (NOT) is keeping growth – what's next? (note: the post contains data by BlockchainReporter) NOT price has maintained its position above the moving averages recently, although it has not approached the immediate resistance level of $0.013. Bears are aiming to defend the ongoing surge above Fib channels. As of writing, NOT price trades at $0.012, surging over 28% in the last 24 hours. The 20-day EMA ($0.01) is trending upward and an RSI over 70 indicates a minor advantage for the bulls. They aim to push the NOT/USDT pair past the $0.013 mark. Achieving this could initiate a new upward movement towards $0.015. Conversely, a decline from the resistance level and a fall below the $0.01 support line would indicate that the pair could continue to fluctuate within its current range. This scenario could see the pair drop to $0.0075 and possibly further to $0.006.    #Megadrop #EarnFreeCrypto2024 #altcoins #BinanceLaunchpool #Notcoin👀🔥 $NOT
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