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Potential bullish coin or $PERP
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Bullish
73%
Bearish
27%
44 votes • Vote fermé
Will BTC break its new all time high price of $73750(14.3.2024) TOMORROW???
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Yes
45%
No
55%
22 votes • Vote fermé
Bitcoin ETF Inflows Plummet + Altcoin Technical Analysis
Bitcoin has been experiencing significant outflows from exchange-traded funds (ETFs), with net outflows now reaching a 4-day streak totaling $1.8 billion. According to JP Morgan, Bitcoin is currently overbought, and the selloff is likely driven by the inflows and outflows of Bitcoin ETFs. As ETFs restructure, they continue to impact Bitcoin's price position substantially.
Ethereum has also been in the spotlight, with Ripple CEO Brad Garlinghouse stating that Ethereum will also "win" alongside XRP. However, the SEC's challenge to Ethereum as a potential security has raised concerns about its regulatory status. Despite this, BlackRock has expressed interest in potentially investing in Ethereum ETFs, suggesting a positive outlook for the second-largest cryptocurrency.
Solana has emerged as the most popular blockchain ecosystem, surpassing Ethereum in decentralized exchange (DEX) trading volume, which reached over $20 billion. This achievement is remarkable, considering Solana's relatively young ecosystem compared to Ethereum's well-established one.
Avalanche has had a significant presence at the Game Developers Conference (GDC), showcasing its strong foothold in the Web3 gaming space. Additionally, Avalanche has partnered with Azur, leveraging Chainlink to offer institutional connections to both Avalanche and Ethereum networks.
Technical analysis remains crucial in navigating the volatile crypto markets. Traders are closely watching tokens like Bitcoin Cash and Binance Coin (BNB) for potential reversal setups on shorter timeframes, while also keeping an eye on the consolidation patterns of Ethereum and Bitcoin.
$BTC
$ETH
$SOL
Bitcoin has been experiencing significant outflows from exchange-traded funds (ETFs), with net outflows now reaching a 4-day streak totaling $1.8 billion. According to JP Morgan, Bitcoin is currently overbought, and the selloff is likely driven by the inflows and outflows of Bitcoin ETFs. As ETFs restructure, they continue to impact Bitcoin's price position substantially.
Ethereum has also been in the spotlight, with Ripple CEO Brad Garlinghouse stating that Ethereum will also "win" alongside XRP. However, the SEC's challenge to Ethereum as a potential security has raised concerns about its regulatory status. Despite this, BlackRock has expressed interest in potentially investing in Ethereum ETFs, suggesting a positive outlook for the second-largest cryptocurrency.
Solana has emerged as the most popular blockchain ecosystem, surpassing Ethereum in decentralized exchange (DEX) trading volume, which reached over $20 billion. This achievement is remarkable, considering Solana's relatively young ecosystem compared to Ethereum's well-established one.
Avalanche has had a significant presence at the Game Developers Conference (GDC), showcasing its strong foothold in the Web3 gaming space. Additionally, Avalanche has partnered with Azur, leveraging Chainlink to offer institutional connections to both Avalanche and Ethereum networks.
Technical analysis remains crucial in navigating the volatile crypto markets. Traders are closely watching tokens like Bitcoin Cash and Binance Coin (BNB) for potential reversal setups on shorter timeframes, while also keeping an eye on the consolidation patterns of Ethereum and Bitcoin.
$BTC
$ETH
$SOL
Top cryptocurrencies to watch this week: DOGE, MATIC, XEC
MATIC drops below $1 amid 9% decline
Polygon followed the trend of the broader market, shedding $1.1 billion from its market cap amid a decline that saw it break below pivotal psychological support levels.
Like Dogecoin and the rest of the market, Polygon started the week on unfavorable grounds, recording two days of consecutive losses on March 18 and 19, with a combined loss of 14.87%. MATIC eventually gave up the $1 territory amid this decline, closing March 19 at $0.9317.
The next day introduced some good fortunes, as the asset leveraged the market-wide recovery to reclaim the $1 price. However, the days that followed marked the difference between Polygon and Dogecoin. The former dropped with the rest of the market over the next two days, forfeiting the $1 threshold.
MATIC is now looking to again recover this territory, but sharp opposition from the bears has slowed down its growth. Despite recording a mild intraday win on March 23, DOGE continues to trade below $1, with a 9.42% decline this week.
XEC sees massive 26% intraday gain
While eCash followed the trajectory set by Bitcoin for the broader market throughout this week, its turning point came up on March 24, when it recorded its second-highest intraday gain of the year.
Like the rest of the market, XEC also saw a bearish start to the week, before witnessing a recovery on March 20 in an 11.08% gain. However, the cryptocurrency consolidated between March 22 and 23, while the broader market experienced a second round of selloffs.
Amid this consolidation, XEC sternly defended the $0.00005 zone, looking to leverage it for the next run. This plan was successful, as eCash’s price shot up by as much as 26.32% on March 23, allowing the crypto asset to clinch a two-week high of $0.00006919 before seeing a mild correction.
Despite a 2.48% drop today, eCash has retained most of the gains picked up on March 23. The asset has held up well above the $0.00006 threshold, changing hands at $0.00006305 with a 15.2% gain this week.
$DOGE
$MATIC
$XEC
MATIC drops below $1 amid 9% decline
Polygon followed the trend of the broader market, shedding $1.1 billion from its market cap amid a decline that saw it break below pivotal psychological support levels.
Like Dogecoin and the rest of the market, Polygon started the week on unfavorable grounds, recording two days of consecutive losses on March 18 and 19, with a combined loss of 14.87%. MATIC eventually gave up the $1 territory amid this decline, closing March 19 at $0.9317.
The next day introduced some good fortunes, as the asset leveraged the market-wide recovery to reclaim the $1 price. However, the days that followed marked the difference between Polygon and Dogecoin. The former dropped with the rest of the market over the next two days, forfeiting the $1 threshold.
MATIC is now looking to again recover this territory, but sharp opposition from the bears has slowed down its growth. Despite recording a mild intraday win on March 23, DOGE continues to trade below $1, with a 9.42% decline this week.
XEC sees massive 26% intraday gain
While eCash followed the trajectory set by Bitcoin for the broader market throughout this week, its turning point came up on March 24, when it recorded its second-highest intraday gain of the year.
Like the rest of the market, XEC also saw a bearish start to the week, before witnessing a recovery on March 20 in an 11.08% gain. However, the cryptocurrency consolidated between March 22 and 23, while the broader market experienced a second round of selloffs.
Amid this consolidation, XEC sternly defended the $0.00005 zone, looking to leverage it for the next run. This plan was successful, as eCash’s price shot up by as much as 26.32% on March 23, allowing the crypto asset to clinch a two-week high of $0.00006919 before seeing a mild correction.
Despite a 2.48% drop today, eCash has retained most of the gains picked up on March 23. The asset has held up well above the $0.00006 threshold, changing hands at $0.00006305 with a 15.2% gain this week.
$DOGE
$MATIC
$XEC
Top cryptocurrencies to watch this week: DOGE, MATIC, XEC
DOGE breaks multi-week downtrend
Dogecoin began this week with a bearish footing, witnessing a combined 17.16% drop on March 18 and 19. With this discouraging decline, the cryptocurrency slipped from the $0.15 price territory to retest the early March lows at $0.1252.
While this bearish extended to the third day of the week, DOGE quickly turned the tide with a recovery campaign as the broader market showed remarkable strength. The crypto asset eventually reclaimed the $0.15 psychological price threshold, closing March 20 with an impressive 18.06% gain.
Despite the rest of the market witnessing a correction in the days that followed, DOGE retained its uptrend, rallying to a weekly high of $0.1597, as it made a push toward breaking above the downward trend line that has served as resistance to its upsurge throughout this month. This upsurge coincided with Coinbase’s move to extend DOGE futures trading.
Dogecoin slipped into the downtrend when it dropped from the March 5 high of $0.2064. The asset first aimed to breach the trend line on March 14, but faced opposition that made this push unsuccessful. However, the latest attempt appears to have yielded good results.
DOGE breached the downtrend on March 24 but faced a drop that saw it retest the trend line to establish robust support. Following this retest, the token pushed above the trend line with confidence, as it changed hands at the $0.17 territory.
Dogecoin is up 11.5% this week when the rest of the market witnesses bearish trends.
See next content for MATIC and XEC.
DOGE breaks multi-week downtrend
Dogecoin began this week with a bearish footing, witnessing a combined 17.16% drop on March 18 and 19. With this discouraging decline, the cryptocurrency slipped from the $0.15 price territory to retest the early March lows at $0.1252.
While this bearish extended to the third day of the week, DOGE quickly turned the tide with a recovery campaign as the broader market showed remarkable strength. The crypto asset eventually reclaimed the $0.15 psychological price threshold, closing March 20 with an impressive 18.06% gain.
Despite the rest of the market witnessing a correction in the days that followed, DOGE retained its uptrend, rallying to a weekly high of $0.1597, as it made a push toward breaking above the downward trend line that has served as resistance to its upsurge throughout this month. This upsurge coincided with Coinbase’s move to extend DOGE futures trading.
Dogecoin slipped into the downtrend when it dropped from the March 5 high of $0.2064. The asset first aimed to breach the trend line on March 14, but faced opposition that made this push unsuccessful. However, the latest attempt appears to have yielded good results.
DOGE breached the downtrend on March 24 but faced a drop that saw it retest the trend line to establish robust support. Following this retest, the token pushed above the trend line with confidence, as it changed hands at the $0.17 territory.
Dogecoin is up 11.5% this week when the rest of the market witnesses bearish trends.
See next content for MATIC and XEC.
Dogecoin (DOGE) Investors Bark With Excitement For 400% Cryptocurrency Token Reaching Stage 5
The buzz surrounds a promising new cryptocurrency token, Option2Trade (O2T), which has recently achieved the significant milestone of reaching Stage 5 in its development cycle. This achievement not only marks a pivotal moment in the token's journey but also promises an enticing 400% gain, sparking a wave of excitement within the Dogecoin community. Here, we delve into the details of O2T's journey to Stage 5, explore the reactions of Dogecoin (DOGE) investors, and consider the potential impact on the broader Dogecoin (DOGE) community.
The Stage 5 Milestone
Reaching Stage 5 is no small feat for any cryptocurrency token; it signifies a level of maturity and development readiness that separates the fleeting from the foundational. For Option2Trade (O2T), this milestone is the culmination of rigorous testing, community engagement, and strategic partnerships. It reflects the token's robust technological infrastructure and its potential for widespread adoption and utility in the cryptocurrency market. The anticipation of 400% gains following this achievement is based on Option2Trade’s (O2T) enhanced feature set, including advanced trading algorithms, a user-friendly platform, and innovative social trading capabilities.
DOGE Investors' Reactions
The Dogecoin (DOGE) community, known for its vibrant and enthusiastic support for crypto projects that capture their imagination, has responded to Option2Trade (O2T)’s Stage 5 milestone with overwhelming excitement. This enthusiasm is driven by the prospect of significant returns, but it also speaks to the Dogecoin (DOGE) investors' appetite for diversifying their portfolios with tokens that offer tangible value and growth potential. Social media platforms and forums have been abuzz with discussions, analyses, and speculative forecasts regarding Option2Trade (O2T)’s future performance, underscoring the community's eagerness to be part of what many see as a groundbreaking investment opportunity.
The buzz surrounds a promising new cryptocurrency token, Option2Trade (O2T), which has recently achieved the significant milestone of reaching Stage 5 in its development cycle. This achievement not only marks a pivotal moment in the token's journey but also promises an enticing 400% gain, sparking a wave of excitement within the Dogecoin community. Here, we delve into the details of O2T's journey to Stage 5, explore the reactions of Dogecoin (DOGE) investors, and consider the potential impact on the broader Dogecoin (DOGE) community.
The Stage 5 Milestone
Reaching Stage 5 is no small feat for any cryptocurrency token; it signifies a level of maturity and development readiness that separates the fleeting from the foundational. For Option2Trade (O2T), this milestone is the culmination of rigorous testing, community engagement, and strategic partnerships. It reflects the token's robust technological infrastructure and its potential for widespread adoption and utility in the cryptocurrency market. The anticipation of 400% gains following this achievement is based on Option2Trade’s (O2T) enhanced feature set, including advanced trading algorithms, a user-friendly platform, and innovative social trading capabilities.
DOGE Investors' Reactions
The Dogecoin (DOGE) community, known for its vibrant and enthusiastic support for crypto projects that capture their imagination, has responded to Option2Trade (O2T)’s Stage 5 milestone with overwhelming excitement. This enthusiasm is driven by the prospect of significant returns, but it also speaks to the Dogecoin (DOGE) investors' appetite for diversifying their portfolios with tokens that offer tangible value and growth potential. Social media platforms and forums have been abuzz with discussions, analyses, and speculative forecasts regarding Option2Trade (O2T)’s future performance, underscoring the community's eagerness to be part of what many see as a groundbreaking investment opportunity.
Pepe Price Prediction: PEPE Pumps 11% As This Dogecoin Upgrade Goes Ballistic With $5 Million Raise
The Pepe price was able to break above the $0.00000802 resistance in the last 24 hours, and is currently resting slightly above this significant price point. Should it close today’s trading session higher than this threshold, it may have the foundation needed to keep rising in the coming 48 hours.
This could see the meme coin attempt a challenge at the subsequent resistance level at $0.00000928 in the short term.
Conversely, a daily candle close today below $0.00000802 could expose the crypto to the risk of correcting to the next key support level at $0.00000712. Despite this potential threat, there is still a medium-term positive trend line that may act as the last line of defense before the Pepe price reaches this support.
A break below the ascending trend line could be catastrophic, as traders may panic sell their holdings in the altcoin. This may then force PEPE down to as low as $0.00000631 in the coming few days.
#PEPEPricePredictions
#PEPEupdate
$PEPE
The Pepe price was able to break above the $0.00000802 resistance in the last 24 hours, and is currently resting slightly above this significant price point. Should it close today’s trading session higher than this threshold, it may have the foundation needed to keep rising in the coming 48 hours.
This could see the meme coin attempt a challenge at the subsequent resistance level at $0.00000928 in the short term.
Conversely, a daily candle close today below $0.00000802 could expose the crypto to the risk of correcting to the next key support level at $0.00000712. Despite this potential threat, there is still a medium-term positive trend line that may act as the last line of defense before the Pepe price reaches this support.
A break below the ascending trend line could be catastrophic, as traders may panic sell their holdings in the altcoin. This may then force PEPE down to as low as $0.00000631 in the coming few days.
#PEPEPricePredictions
#PEPEupdate
$PEPE
Shiba Inu
SHIB/USD
-7.35%
+ Free Alerts
is trading 5% higher as meme coin market capitalization stands 15.8% higher in the past 24 hours.
The token, nicknamed “Dogecoin Killer,” is seeing a surge in short-term holders and whale transactions.
What Happened: Arkham Intelligence data shows an unknown entity that purchased a whopping 332.665 billion SHIB tokens, worth $8.62 million. The transaction was carried out in two tranches. The first tranche was for 320.99 billion SHIB tokens and the remaining in the second tranche from the crypto exchange, Bitvavo.
At the time of writing, the whale address which holds only the SHIB token is valued at $9.02 million.
The accumulation comes on the heels of Shiba Inu's marketing lead Lucie disclosing a 40 million SHIB token accumulation. The announcement came on X with a post stating, "Bought the Dip. I'm expecting ATH soon before or shortly after BTC halving."
SHIB/USD
-7.35%
+ Free Alerts
is trading 5% higher as meme coin market capitalization stands 15.8% higher in the past 24 hours.
The token, nicknamed “Dogecoin Killer,” is seeing a surge in short-term holders and whale transactions.
What Happened: Arkham Intelligence data shows an unknown entity that purchased a whopping 332.665 billion SHIB tokens, worth $8.62 million. The transaction was carried out in two tranches. The first tranche was for 320.99 billion SHIB tokens and the remaining in the second tranche from the crypto exchange, Bitvavo.
At the time of writing, the whale address which holds only the SHIB token is valued at $9.02 million.
The accumulation comes on the heels of Shiba Inu's marketing lead Lucie disclosing a 40 million SHIB token accumulation. The announcement came on X with a post stating, "Bought the Dip. I'm expecting ATH soon before or shortly after BTC halving."